1. Tell us about yourself
Thank you so much for inviting me to share about us, I belong to Jodhpur, Rajasthan and came from a family of Government officials. My dad was Additional Commissioner with the Govt. of Rajasthan in Sales Tax Dept, most of my cousins are with BSNL. I was a science student in my school and did my graduation in Sanskrit literature & Indian Philosophy. Won National Scholarship award for excellence in academics, did my master in business Laws from National Law University Jodhpur &an awardee of honorary doctorate from Young Scientists University, California, USA. During university days published a book for law school aspirants, drafted and edited CBSE class IX to XII retail management text books. Passionate about flying model airplanes and hold flying hour experience of single engine aircraft. I hold more than 12 years of professional experience, worked as Vice President, Corporate Affairs Ola, ESSEL Group & ACME Solar. In past assignments worked with FICCI, PHD Chamber, METRO Cash & Carry India.
2. How did the idea for your business come about?
Pain & Problems are the two essential ingredients for a path breaking innovation to take place. As mentioned I worked with Industry associations and corporates both; with associations the learning wasdeeper understanding of Government & policy formulation process and with corporates the learning was critical role of legal & policy framework for industry.
Common thread in both the experiences was legal & policy framework. I realized that informed decision making is a crucial priority for top management & status of various company cases and legal policy scenario is an important aspect of this decision-making process. Legal vertical in any corporate is considered pretty unpredictable in terms of final results & cost implications.
Two key reasons for the above situation; one) was poor adoption of technology in legal domain and two)discovery of legal professional at the right forum with right experience and expertise in the desired geography.
Legalkart was conceptualized to enhance the technology adoption in legal professionals and businesses and the vision is to create a techno-legal ecosystem of where all key stakeholders to make legal transactions real-time, transparent and efficient.
3. Can you tell us about your venture Legalkart?
Legalkart is India’s first practice management app & dashboard for all legal professionals. It strives to introduce professionals with advanced technology on their mobile device and it is the widest used app by lawyers in all key legal forums across India. We have one of the best tech-teams in country lead by our CTO MrPartha Sen who is the finest tech professional in the country with more than 20 years of rich global experience in tech product development. Our business strategy and advisory led by Mr. Deepak Prajapati a gold medalist engineer from IIT Bombay and a real strategist from heart. Our first product ‘Legalkart practice management app was recently launched formally in Jaipur supported by of Rajasthan High Court Bar association & Rajasthan District Court Bar association. We have many products in pipeline and will keep you posted as we move ahead with them.
4. What are the challenges you faced till date and presently facing?
Challenges are the stepping stones for growth and Legalkart team converted every challenge into an opportunity. First key challenge is real-time availability of reliable data from the courts and other legal forums and second is Lower adoption of technology by legal professionals. Third challenge is low awareness levels among citizens about legal processes and their importance in their everyday life. Because of these challenges legal-tech in India still at its early stage of growth but I firmly believe that time has arrived for the growth of Legal-tech in India and soon we will witness unprecedent growth of the sector.
5. What was your key driving force to become an entrepreneur?
Entrepreneurship is solving problems and evolving with it to become better with every single attempt, where every effort is learning or a success. I am a problem solver and always been a voracious observer and learner from the mistakes I did and observed others doing. There came a time in my career when the desire to solve the problem that pinched me through my professional life became so strong that I choose to resolve this mass problem and we conceptualized Legalkart.
6. How did you raise funding for your venture?
We are bootstrapped and exploringfunding opportunities with institutional investors.
7. How do you market your business, and which tactics have been most successful?
Working on the ground, meeting right people and taking their feedback is the most important aspect of our reach out strategy. We also use digital marketing and social media to reach out to our target market.
8. What kind of culture exists in your organization, and how did you establish it?
We have an open culture and flexi system of working. For us every single view matters and we ensure that we organize frequent team meetings where all are invited to express their thoughts about company, product and their perception about Legalkart. We have adopted a democratic way of decision making wherein everyone have a say in the final decision making.
9. What are your ideals?
As an individual honesty and integrity in all aspects of life are the most important human values we follow and trying to build Legalkart around these values.
10. How do you define success?
Success is just an acknowledgement of the fact that you did your job with complete honesty and diligence. At legalkart, our focus is on right efforts in the right direction.
11. Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?
There is no pattern or formula for success it’s just the right execution and best efforts.
12. What is your favorite aspect of being an entrepreneur?
I like the risk and uncertainty of creating something that's just an idea in your mind and building it into something that has the potential to touch thousands (or tens of thousands) of lives.
13. What entrepreneurial tricks have you discovered to keep you focused and productive in your day-to-day busy schedule?
Music, meditation, yoga and flying keeps me focused and energetic to be productive.
14. Any message for future entrepreneur
Business ideas alone are worth very little. If you want to start a business and become successful with it, you need to solve meaningful problems. Execution is everything in business.
For more details visit https://www.legalkart.com/