Brand Capital, the investment arm of the Times of India Group and LegalKart have entered a strategic partnership to support LegalKart’s expansion in India.
Through its proprietary AI based technology, LegalKart has developed a solution which enables customers seeking legal advice, to consult Lawyers regarding their legal matters effortlessly and confidentially sitting at the comfort of their home. The company has already served more than 1.5 lakh consumers and has over 10,000 lawyers on its platform across more than 900 locations including multiple cities, districts, and remote regions in India.
This partnership is a part of the Times Group’s Brand Capital initiative, which also worked with leading companies like, Byjus, Big Basket, Blinkit, Flipkart, Dunzo, Pharmeasy, etc, to assist their growth in the country.
Under this strategic partnership, Times Group will help LegalKart leverage its media for cross-platform promotion and bolster growth capabilities to revolutionize the LegalTech space in the country. Legalkart intends to use The Times Group’s multimedia resources to help develop and evangelize the brand to next level.
Speaking on the partnership, Dr. Arvind Singhatiya, Founder and CEO of LegalKart, said, “LegalTech like fintech has the potential to scale exponentially through faster digital adoption and growth in India. LegalTech sector in India is a $22.5 billion big in India and with this huge potential of the LegalTech sector in India, we are happy to join forces with the leading media house of the country.” He further added, “With this partnership, we have become the first LegalTech Company to enter the Times Group’s Brand Capital fold. This partnership clearly portrays the potential of LegalTech space in the country.”
Recently Legalkart raised ₹4 Cr. in Pre-Series-A from Mumbai Angels and IIM Udaipur Incubation Center. With this partnership Legalkart is planning grow their revenue to 3x i.e., 300%.
