Legitquest is a deep‑tech data service provider that offers an AI-enabled legal research and analytics platform for B2B and enterprise customers. The company has built a state-of-the-art legal research tool and is leveraging AI/ML to develop analytics products such as crafting winning arguments, predicting case outcomes, identifying best-performing lawyers, and trademark threat infringement assessment. Its flagship feature, iDRAF (Issue, Decision, Reasoning, Arguments, Facts), is promoted as a one-click judgment insight system powered by AI. Legitquest reports roughly 0.5 million monthly active users, more than 550 institutional/B2B clients, and average year-on-year gross revenue growth of 250%. The company aims to reach 3 million MAU by the end of FY21-22, triple revenues in the next financial year, and double its employee base within six months. It plans geographic expansion into five Indian states (Maharashtra, West Bengal, Karnataka, Gujarat and Tamil Nadu) and will use funding to expand the team and further develop iDRAF and its analytics capabilities. Legitquest is an artificial intelligence-enabled legal technology firm that builds tools to help lawyers become more effective by leveraging cutting-edge technology. The company said it will develop capabilities around issue, decision, reasoning, arguments and facts. It plans to use recent funding to expand its team and further develop those capabilities. Legitquest raised seed capital of Rs 3 crore from InfoEdge (India) and WaterBridge Ventures. The firm framed the funding as part of its vision to transform the legal profession. Co-founder and CEO Karan Kalia said he is excited to welcome InfoEdge and WaterBridge on this journey.

Total raised

$1M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2024