Tuesday, November 7, 2017
Indian LegalTechStartup, SpotDraft Tops 3rd at 'Tech In Asia Arena Pitch Battle'
Indian Startup, SpotDraft, stands amongst the Top 3rd at 'Tech In Asia Arena Pitch Battle'. SpotDraft , the legal technology platform, becomes the first Indian startup, to make it to the finals. Held in Jakarta, TIA is one of the largest startup conferences in Asia.
Founded early this year, Gurgaon based SpotDraft, is headed by the young duo Shashank Bijapur, A Harvard Law School Graduate and Madhav Bhagat, Carnegie Mellon Alumni who had previously worked with Google, New York, as a senior software developer.
They have put together their individual knowledge and expertise in Legal & Technology providing an automated solution for contract and documentation management, to the largely scattered startup and SME market.
Excited about their accomplishment, Madhav & Shashank added "This was a really big opportunity for us. We overwhelmed by the support and enthusiasm we received from businesses in Indonesia”.
SpotDraft generates documents like contracts and invoices. It also tracks payments using artificial intelligence. Users can also upload existing documents on the website, where the software analyzes them and helps manage them online. Till so far, the platform has managed more than 3500 contracts. It is eyeing the $80 Billion Global Contract Automation market.