Mumbai Angels Network backs digital documentation platform Leegality

By Narinder Kapur

  • 04 Jun 2019
Credit: VCCircle

Digital documentation platform Leegality has raised an undisclosed sum of money in a round led by Mumbai Angels Network.

Chandigarh Angels Network also contributed to the round, the startup said in a statement.

Leegality, which is operated by Grey Swift Pvt. Ltd, said it will use the fresh funding to strengthen its technological infrastructure, scale up its operational capabilities and accelerate company growth.

Bengaluru-based Leegality provides a platform which enables enterprises to digitise, optimise and automate the signing of documents and streamlining of workflow processes. Leegality says it provides secure, tamper-proof and legally-acceptable Aadhaar, eSign and eStamping facilities to its clients.

“Using our cloud-based eSign and Document Workflow solution, we enable enterprises to eliminate paper and people-intensive document processes, which brings about a hundred-fold efficiency in their document workflows,” said Shivam Singla, founder and chief executive officer of Leegality.

Founded in 2016 by Singla, Prakhar Agarwal and Sapan Parekh, the digital documentation platform had been bootstrapped until now.

Mumbai Angels investor Kishore Ganji said Leegality’s business model would allow organisations and professionals to create better customer experiences as well as automate their business processes and save costs.

Lead investor Mumbai Angels was established in 2006. The group has over 400 members spread across seven chapters with a portfolio of over 130 investments.

In April, the network invested in CarterX, a logistics-tech firm catering mainly to airline travelers. It also led investment rounds in publishing house Leadstart Publishing and skincare products maker Dr Sheth’s.

Its other recent investments include fruit snack brand Frubites, specialised diagnostics startup Theranosis, video-based entertainment platform Spoofin and drone startup WeDoSky.