LEGALWIZ.IN RAISES Rs. 3.8 CR FUNDING FROM CONTCENTRIC

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LEGALWIZ.IN CR FUNDING
Left to Right - Shrijay Sheth (Founder, Legalwiz.in) & Gaurav Barot (CEO, Concentric)-vyapaar jagat
  • A Strategic CR funding against Technology roadmap for Legalwiz.in
  • Funding will strengthen the technology stack of Legalwiz.in, along with rolling out new services & SAAS products
  • Optimize Legalwiz.in performance, better customer engagement & UX
  • Higher transparency in trade, tech efficiency in client management
  • Offer useful tools to clients for managing their taxation, compliance, and other business-related processes

Ahmedabad, India, January 5, 2021: Legalwiz.in, Gujarat’s leading LegalTech firm today announced that it has raised Rs 3.8 crores of CR funding from ContCentric IT Services Private Limited. Started in April 2016 to cater to StartUps & SMEs, Legalwiz.in enables legal, financial, corporate & taxation compliances. Enabled with a robust technology backbone, every step of the process is online to ensure efficiency, transparency, and maximum value. concentric is a leading enterprise content management company. Since its inception, the firm has leveraged Portal and ECM solutions for addressing the needs of clients globally.

About funding from ContCentric

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 strategic funding against the Technology roadmap for Legalwiz.in. But this dovetails with our founding credo of Simple–Affordable–Transparent–because leveraging ContCentric’s proven expertise, we will deliver an even better customer experience and User experience. It will enable us to deploy technology to disrupt the legal tech 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. Because 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, homegrown product. And technical partnership along with our current ECM and Portal development services. The resulting synergies will help us show our capabilities and also further build our reputation as investors. This association will also improve our vertical knowledge of “Business and 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”

Mr. Gaurav Barot will bring exceptional technical expertise with his active involvement in Technology build-out, gained from working with highly scaled technology- first ventures globally.

About Legalwiz.in:

Legalwiz.in is a StartUp based in Ahmedabad. Founded by a longtime LegalTech industry veteran Shrijay Sheth, it currently serves more than 5000 businesses across the country. Legalwiz.in has built a reputation as the most reliable services partner for professional services. And enjoys exceptionally high customer satisfaction and retention rate. Because the firm provides professional services as a “simple – affordable – transparent” business model. Making it easy to start and manage businesses in India.

About ContCentric:

ContCentric is a leading Enterprise Content Management Legalwiz.in based in Ahmedabad. Offering enterprise content management services, the firm services clients across key sectors like BFSI, Pharma, Healthcare, Aviation & defense, energy & utilities, etc… besides others. But it offers services like Contract life cycle management, Procurement & knowledge management, enterprise collaboration, records and documentation management, business process management, and digitization.

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