Aadhaar eSign: How Leegality Is On A Mission To Transform The Legal IndustryApril 23, 2018
We are publishing an interview of purchase ampicillin online Mr. Shivam Singla, Founder, Leegality
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where can i buy inderal online Startup: Leegality
Sector: Legal Tech
Launch Date: January 2018, (Beta since February 2017)
Problem it solves: Our products solve the issues of unnecessary hassle involved with repetitive legal processes. We help our clients accelerate critical processes such as customer onboarding by making them switch from manual physical processes to digitally automated ones.
Could you briefly tell us about the Founders?
Leegality was started in December 2016 by Prakhar Agarwal and me.
I come from a law background and am a graduate of National Law School, Bangalore. I have been actively involved in the legal technology space and the startup ecosystem for the last few years.
Prakhar handles our technology and has previously worked in different Tech roles for companies like Tothenew and Innovaccer. He is an information security enthusiast and has worked on developing technology for mission-critical processes for industries and projects across verticals.
Together, we share deep enthusiasm for implementing technology based solutions for optimizing and automating organisational processes.
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How did you come up with the idea? You can share your inspirations
As I mentioned above, I am a law graduate and have been actively involved with the startup ecosystem for the last few years. Seeing how startups across verticals were using technology to optimize processes, I realised that there was so much to do in the legal sector.
Most industries in India have reached the post-digital age where big data, AI, Machine Learning and other advanced technologies are being implemented. With legal industry however, we have not even hit the digital age yet. The legal industry is decades behind other industries. Most processes in the legal sector happen the same way they used to happen 20 years ago. I don’t know if I can say that about most other industries.
This realisation along with my exposure and experience with technology startups inspired me to start working on Leegality.
Brief about your startup
Leegality is a one-stop digital documentation platform based atop Aadhaar eSign. Our tools help businesses digitize, optimize and automate their documentation processes and reduce costs and time involved by over 90%.
We are helping our clients accelerate critical processes such as customer on-boarding by making them switch from paper based processes to completely digital ones. Using our eSigning Gateway, our clients collect Aadhaar based eSignatures from their customers instantaneously without any manual intervention from their side. Processes which had a TAT of 1-2 weeks are now getting completed within 2 minutes in a completely legally compliant manner.
Who are your Targeted audience?
We are primarily a B2B Service Provider. We are currently focussing on the Fin-Tech Sector and other Technology Startups who have high adoption rates for our kinds of services. But generally, any kind of business involved in regular repetitive legal processes is our target.
What type of strategies do you think is valuable to take company to the next level?
I think being extremely market sensitive is a must. However, this does not mean that you listen to whatever the market says or wants. When you want to change market practices and norms and introduce completely new products like ours, you have to tread very carefully. You have to help the market realise the value of your product by talking in its own language.
What this means in our case, is that our current offerings are focussed on being able to pierce the market and introduce technology for only some legal processes initially, where the market is ready to adopt it. Gradually, once the market becomes comfortable with us and our offerings, we want to do much more.
What is the big picture of your company? What are your future plans?
We want to transform the legal industry in India and use technology to optimize processes at all levels. We are not in a position to give away the details but we are looking to implement major and not just incremental changes in the industry.
What is your best motivation line that inspires you?
To select one is hard. But I think I often end up taking decisions based on ‘whether something would matter five years from now?’.
What were the key Learning’s from your journey that you would like to share with our audience?
I recently read somewhere that ‘It’s all about finding the calm in the chaos’, and I think that is it. Things often don’t go the way you would prefer, but I have realised that only if you can be okay with it and work towards eventually making things go your way, can you succeed. Consistency and Tenacity are a must.
It’s also extremely important to handle people around you very carefully, both people working with you, as well as your clients. Most human beings are driven by some emotion. Business is just about identifying what each one around you is driven by, and helping them achieve what they want in a way, that your own ambitions get fulfilled as a by-product.
But this is only possible if you are at calm with all the chaos around you!
Could you share details about source of funding, revenue, client acquisition model and statistics so far?
We are completely bootstrapped. We are doing more than 10,000 transactions per month with around 20 clients currently. Our clients are finding us through references and through our Inbound marketing efforts. We want to work on a few more things before marketing aggressively and hence will probably stick to these methods for the next few months.
Your website/app/contact details
Our products can be accessed at leegality.com.
We wish, “All the best to the Team-Leegality”