An Online Legal Services Platform, Legistify, has raised an undisclosed amount of funding led by Ranjit Singh, MD at Kalapataru Power Transmission. The raised amount will be used in team expansion, marketing and product development.
Online Legal Services Platform Legistify was founded by Akshat Singhal (an alumni of BITS, Pilani), Ritesh and Abhinav Gaur in January 2016 in Delhi Noida.
It lets their users create legal documents online. Where users are just asked to fill a questionnaire, the documents created can be edited if the user has misinterpreted the question or put in the wrong information within 15 days from creation.
Since its inception, the portal claims to have created more than 500 paid and free documents. Currently company is monetising by drafting legal documents. For the first time the users can avail the service for free, they’ll be asked to pay after the first document has been drafted.
As per Akshat Singhal one of the co-founders of Legistify, “We are trying to break the shackles of conventionalism in user lawyer interaction space as well as legal outsourcing work. Needs some level of user behaviour modification which shall come in some time only. Apart from this, the legal community not being very tech savvy brings a few added challenges in expansion.”
It was initially launched as a QnA platform and after having a positive response with mass acceptance of the platform, the team started developing technology backed services which could help users to solve their legal problems sorted.
The company is further planning to launch a legal research section, which will be more of a blog where people can ask questions from experts and gain knowledge on topics. This would help startups to gain knowledge and have an insight in the legal domain.
In future the company will soon be launching an lawyer-client app, through which the end user or client will be available to talk to experts on the go.