Legal tech start-ups have raised $57 mn in funding since 2013: Report

Indian sector has more than 650 firms and is valued at $1.3 bn to be second biggest in the world

India’s legal tech start-ups raised $57 million in funding in the last decade. India has more than 650 legal tech start-ups and the sector is valued at $1.3 billion: less than 1 per cent the worth of the US market, according to a report by CIIE.CO.

The Indian sector, the second biggest in the world, is at the cusp of expansion. “Indians spend about 0.48 per cent of the GDP on litigation. Entrepreneurial drive aided by cutting edge technology can potentially tackle the inefficiencies found across the legal services landscape. While the sector is in its nascent stages, it is