Bharat Law AI
Date of Foundation
2019

Bharat Law AI

Revolutionizing Legal Research with AI

The Idea origin story

Bharat Law is revolutionizing India's legal sector with an AI-driven platform. Addressing the dynamic legal challenges, it offers swift, AI-powered research from a vast data repository. With dynamic legality checks, concise text summaries, and a user-friendly interface, Bharat Law aims to be the go-to tool for lawyers, firms, and government entities, streamlining legal research and case management in a secure environment.

The Mission

Mission: AI-enabled legal research simplification in India. Vision: Aspiring to be India's benchmark for legal tech innovation.

Clients

Our customers include individual lawyers, legal firms, government agencies, chartered accountants, company secretaries, and other legal professionals across India.

Problems we solve

Client’s problem

Bharat Law can solve the complexity of legal research by providing quick, precise AI-driven solutions from a vast database. It saves time for lawyers and other legal professionals, improves case management efficiency, and provides accurate dynamic legality checks.

Confirmation of problem

the legal landscape is constantly evolving, with professionals struggling to keep up, leading to costly errors, prolonged case durations, and inefficiencies in the justice system.

Solution

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Our technologies

This solution is based on technologies

Our solution is based on technologies including Large Language Models (LLM), Elasticsearch for advanced search capabilities, and OpenAI's cutting-edge AI algorithms.

How it works

Our solution uses LLM for text comprehension, Elasticsearch for fast data retrieval, and OpenAI algorithms for legal insights.

Value for the client

Customers gain faster research, accurate insights, less case prep time and a leg up in the legal field.

Market and strategy

Market size

500

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

50

% of the market

Is our goal in the next 3 years

Team

My name’s

Chintan Shah

My key role in the product

As the tech co-founder, I lead product development, integrate critical technologies, guarantee platform scalability and safety. I drive Bharat Law's technical vision and innovation.

Team size and key members

Our team includes expert lawyer Chandrasinh Solanki, validating solutions and driving business growth, and Manish Chawda who focuses on product enhancement and market expansion.

Competitors

Competitors

LegalMind offers data-driven litigation strategies with AI-power. LexisNexis Lexis+ AI provides conversational search and swift drafting. Westlaw is a formidable competitor with advanced searches while Casemine utilizes GPT-Power for queries, and SCC Online boosts search via AI.

Our Advantages

Bharat Law's State-of-the-Art LLM ensures precise insights. Elasticsearch Integration saves time with rapid data retrieval. OpenAI Algorithms simplify complex legal texts, Personalised Relevance Search enhances research accuracy, and Dynamic Legality Checks keep up with changing laws.

Business model

We make money from subscriptions, government licenses based on volume, and LLM tech licensed for product development.

Traction

Successfully developed Bharat Law's MVP over the past 6 months, demoed to potential clients and stakeholders to gather feedback. The insights helped hone our product for optimal user experience catering effectively to the legal community needs.

Advancing at a steady pace, our company is set to secure the next Series A funding round. Let's spearhead growth and innovation together!

Metrics

User Retention Ratio: Highlights recurring platform usage. Customer Acquisition Cost: Determines the cost to gain a new customer. Return On Investment (ROI): Evaluates profitability of efforts used in attracting users and maintaining operations.

Incorporation

Our company incorporated in

India

Key risks

Risks: Rapid AI evolution; need for data security with sensitive legal info; possible regulatory scrutiny of legal tech; potential market disruption by new entrants; challenging transition to AI for traditional law professionals.

Investments

$

50000

We raised investments

Our Investors

It is fully bootstrapped with Chandrasinh and Manish having 37.5% equity each and Chintan having 25% equity

Rising Investments

$

2000000

Currently, we are raising investments

$

The pre-investment valuation of the company is $100 million (USD).

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

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Additional information

MVP