Legalogic has a team of 28 professionals in Pune and seven in Mumbai and looks into private equity, M&A, general corporate, liability insurance, software licensing and software compliance, said Sadhale adding that for litigation the start up currently partners with external consultants.

Sadhale is a qualified cost accountant and graduated as a lawyer from ILS Pune in 2001, worked in the in house legal team of Kirloskar Neumatic Systems from 1997 to 2000 and then joined Persistent which he left as a legal head, company secretary and head of investor relations in June.

His team of 14 lawyers at Persistent – which is now a client of Legalogic – also left with him to join the start up.

Agarwal qualified as a company secretary from ICSI in 2001, worked with law firm MRM Associates until 2004, on corporate compliance at Venco Research and Breeding Company until 2005 and joined Persistent, which he left as associate general manager for corporate secretarial work in June.

Oak, also a qualified company secretary, graduated from Law College Thane in 1998 and was running his own law practice YNZ Pros in Mumbai and Pune since October 2008, which he merged with Legalogic.

Kulkarni, a qualified cost accountant and company secretary, who graduated from BVNLC as a lawyer, also merged his independent practice with the start up.

Sadhale told Legally India that Legalogic was currently handling transactions for small and medium enterprises in the manufacturing sector, with annual turnover of around Rs 400 crore, in Pune, Nagpur, Hyderabad, Bangalore and Delhi.

The firm was also working on two private equity transactions and some mergers and acquisitions but Sadhale said that in terms of getting clients Legalogic would aim at the “family doctor” approach for companies.

“For companies which are looking at scaling up their business, what what we’re trying to do is build long term partnerships. We are trying to see if we can impact them by looking at their contractual practices and give them a retainership model that is more cost-effective. We would be a family doctor for these entities on a long term basis by providing commercials which are more amenable to some of these companies by looking at overall structure rather than looking at transactions itself,” commented Sadhale.

“The other USP is that our approach is more [like an] in house counsel [who] looks into the commercials as well. That’s something we are putting on the table. We understand how the CEO thinks. That allows us the flexibility of going through the motions. In cross borders transactions [having dealt with] start ups in various parts of the world allows us an edge in looking at how legal functions can function in a small to medium enterprise,” he added.

The start up currently represents companies in the auto components, telecoms, software, event management and logistics sectors.