- Advertisement -
Home Startup LegalRaasta Raises INR 7 Crore From Angel Investors

LegalRaasta Raises INR 7 Crore From Angel Investors

- Advertisement -

Delhi-based tech platform that simplifies legal and business matters, LegalRaasta.com, has raised $1 million (INR 7 Cr) in angel funding from HNI’s, Pravin Khandelwal and Yatin Kumar.




LegalRaasta.com helps entrepreneurs and SME’s with government compliances via simple and trouble-free DIY forms. Currently, it provides 50+ services (including company registrationfood licenseimport-export code, service tax registration and trademark filing). The start-up charges the customer a nominal fee for processing their work and for submission of documents with government departments. Customers make payments online and get status updates via its CRM system.

LegalRaasta has Founded by former McKinsey employee Himanshu Jain and his brother Pulkit Jain, the portal works on a cash-on-delivery model and also offers a money-back guarantee. Commenting on their differentiation factors, Himanshu said, it is a completely tech-based platform, which collects information via simplified DIY forms, this information is automatically fed to require government forms/departments, saving 40% time and 45% cost.

“Our DIY forms are dynamic and adapt to customer inputs. Customers get automated SMS’s, E-mails and reminders at each stage. They can check their work progress through the live customer work tracker”… Team Said,

The start-up plans to use the newly raised capital to expand its team and operations (set up full-service offices in metropolitan cities), technology improvement and to add more services, including legal documentation and licenses. The company is also planning to launch two new products, including: LegalRaahi.com (marketplace for CA, CS and Lawyers) and Taxraahi.com (online return filing portal for ITR and TDS returns).

LegalRaasta Raises INR 7 Crore From Angel Investors

The legal services and compliance market has been pegged at over Rs. 20,000 crores, growing at a rate of 25% p.a. Of this, only 3% has been penetrated by the existing online players. The market conditions at present are most conducive to the growth of online legal services. Customers are under-served with need for economical, reliable and fast legal services.

LegalRaasta plans to make a dent through better technology and operations and looks to target 2-4% share of this 20,000 crore market over the next three years. The start-up currently has 25 members in its team, operates in 30+ cites with 2200 customers, 11000 daily enquiries and its revenue growing at 40% per month.

Next Story:  GIRL GEEK ACADEMY RAISES $1.3M TO VICTORIA FEMALE-FOUNDED STARTUPS

- Advertisement -
- Advertisement -

Must Read

SIGNO: India’s first launched AI-Driven Blue Collar sourcing in 60 seconds

As termed as a developing market economy, India is trying its best to cover all the aspects it needs to have so as to...
- Advertisement -

How to Build a Strong Brand Image

Terms used interchangeably are ‘brand’ and ‘logo.’ A logo is a business symbol, not a brand entirety. Creating a logo is a step towards...

Investing In A Vehicle For Your Business: Is It A Good Move?

Approximately 59 percent of business owners say they need a vehicle for their business, according to a report by Ford and Manta.  Investing in a...

Should A Robot Mop Be The Next Addition To Your Smart Home?

Cleaning is a task that everyone can do without; it takes time out of your day and uses up energy that could be put...

Related Category Posts

How to Stay Safe Online- Starting Today

There are so many scams, malware and hacks out there right now, and this can all make the internet seem like a very dangerous...

Investing In A Vehicle For Your Business: Is It A Good Move?

Approximately 59 percent of business owners say they need a vehicle for their business, according to a report by Ford and Manta.  Investing in a...

How stakeholders impact business activity?

Stakeholders, who are they? They are in groups or people affecting the operations of your company. Shareholders are the owners of a company. The...

Characteristics of Successful Startup Founders and Entrepreneurs

Introduction Startups have emerged as businesses that provide low-cost and unique products to the customers. They are flexible and can provide innovative and cost-effective...

How to Build a Strong Brand Image

Terms used interchangeably are ‘brand’ and ‘logo.’ A logo is a business symbol, not a brand entirety. Creating a logo is a step towards...
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Select Language »