Ahmedabad, Jan. 05, 2021: Legalwiz.in, Gujarat-based LegalTech firm, today announced that it has raised Rs 3.8 crores of funding from ContCentric IT Services Private Limited, an enterprise content management company. Started in April 2016 to cater to StartUps & SMEs, Legalwiz.in enables legal, financial, corporate & taxation compliances.
Speaking on the occasion, Mr Shrijay Sheth, Founder – Legalwiz.in, said, “We are excited about the funding from ContCentric because it will help to optimize Legalwiz.in performance and create new avenues for delivering greater value. It is a strategic funding against Technology roadmap for Legalwiz.in. This dovetails with our founding credo of Simple – Affordable – Transparent – because leveraging ContCentric’s proven expertise, we will be able to deliver even better customer experience and User experience. It will enable us to deploy technology to disrupt the legaltech market. Offering new services & SAAS products, Legalwiz.in will make tools available to clients for managing their taxation, compliances and other business related processes. The automated business operations and new products will give us an opportunity to offer value-added customized services to clients”.
Explaining the synergies in the relationship, Mr Gaurav Barot, CEO, ContCentric, said, “ContCentric will be the investor and technical development partner in this relationship. Our proven expertise in automating business operations will help boost efficiencies, improve customer onboarding and the customer experience for Legalwiz.in. ContCentric aims to increase our offerings and include financial investment and mentoring, home grown product and technical partnership along with our current ECM and Portal development services. The resulting synergies will help us demonstrate our capabilities and also further build our reputation as investor. This association will also improve our vertical knowledge of “Business Professional Services” and will also enrich our product development experience. We are highly optimistic about this investment because of Legalwiz.in’s customer centric approach and ease of getting things done. Also the massive market potential makes this a very confident bet”
Legalwiz.in expects Mr Gaurav Barot to bring exceptional technical expertise with his active involvement in Technology build-out, gained from working with highly scaled technology – first ventures globally.