The legaltech startup Vakilsearch is collecting 10 million US dollars in a new round under the leadership of InCorp India. With this transaction, Kalaari Capital is also withdrawing from its stake.
In early 2015, the private equity firm Kalaari Capital invested $ 2 million in Vakilsearch. It had also raised an undisclosed sum from Udaan co-founder Sujeet Kumar in 2020.
According to the Chennai-based startup, the funds will be used to drive technology and product development, as well as marketing, sales and talent acquisition.
Read More Legaltech startup Vakilsearch raises USD 10 million from Trickypedia.