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2016 NLSIU grads’ legal tech, e-signing start-up Leegality raises angel funding with Ikigai

Young legal-tech start-up Leegality, set up in 2016 by Shivam Singla, Prakhar Agrawal and Sapan Parekh, has raised funding from the Mumbai Angels Network, Chandigarh Angels and others, looking to “enhance their technology, scale operations, and accelerate growth, according to The Economic Times.

As we had reported a year ago in our feature on legal technology and AI, Leegality had created “a legal documentation platform to let anyone with an Aadhaar biometric ID card sign a legally binding contract electronically (as opposed to the current more complex process that requires application for a digital signature)”, including solving the “tricky problem of how to pay stamp duty on digital contracts”.

Shivam Singla and Sapan Parekh are both 2016 graduates of NLSIU Bangalore (Prakhar Agrawal, the chief technology officer (CTO), is a 2016 BTech grad).

Singla had worked for four months at supply-chain start-up Daybox Technologies in 2016, before starting Leegality in November 2016.

Parekh had worked from 2016 to 2018 as an associate in the Shardul Amarchand Mangaldas competition team, moving full-time to Leegality in August 2018.

Ikigai Law, formed after the TRA Law co-founder split last year, advised Leegality, led by partner Anirudh Rastogi with principal associate Sayanhya Roy and senior associate Ishita Shome.

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