New Delhi, India, August 30, 2020:
While many businesses struggle to cope with the present slowdown, there are
some rays of hope in the Indian startup corridors. Recently, legal-tech startup
Lawyered raised an undisclosed amount of funding led by Angel investors from
US, Canada and UK during a bridge round.
The angel investor in this round were Saby Waraich,
former professor at University of Phoenix and former senior information systems
manager at City of Portland; Sujinder Sahni, senior information technology
consultant at IT office, government of Saskatchewan, Canada; along with Ashish
of Electrical Discharge Machines (EDM) at Mitsubishi UFJ Financial Group (MUFG)
Securities, Potters Bar, England.
Himanshu Gupta, co-founder and CEO of Lawyered
Earlier in November 2019, Lawyered had successfully raised a seed
investment capital of $ 100,000 from 3 Indian Angel investors.These investors include Munish Bhatia, General Manager and Partner at
India Accelerator; Pramendra Tomar, Group general counsel at Apollo
International; Ratish Pandey, Former General Manager at Bose Corporation; and
Sumit Aggarwal, proprietor at Rainbows.
Speaking on this occasion, Himanshu Gupta,
co-founder and CEO of Lawyered, stated:“Lawyered
is the only legal-tech platform which focuses on the discovery of legal
professionals without charging them a commission or trasnc. We will dedicate a
majority of the fresh funds to improve the technology features including
artificial intelligence (AI)-based super bots and discovery tools to boost
engagement on Lawyered.”
While it’s often a challenge for small
companies, startups and individuals to get the right legal support, Lawyered
helps them through its digital platform to get an array of legal experts to
choose from. On the other hand, Lawyered is an aggregating platform for able
legal experts to reachout to their clients.
Mr. Gupta further informed that Lawyered has partnered with 300
co-working spaces across India to leverage on their startup community strength.
Apart from bridging the gap between
legal experts and their clients, Lawyered is a platform for legal studies
enthusiasts too. Lawyered helps legal studies students in getting connected
with their potential employers for internships as well as supporting them with
the right kind of content and case studies for their learning journey.
So far, Lawyered has garnered over 2000 paid subscriptions from
practicing Lawyers, spread across 80 cities. Moreover, the company’s student
discovery platform has over 2500 subscriptions of law students from more than
300 law colleges in tier-1 and tier-2 cities.