Lawrato.com
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Lawrato.com - overview
Established
2012
Location
New Delhi, Delhi, India
Primary Industry
Internet
About
Lawrato. com is an online legal consultation platform that connects users with a network of verified lawyers across India, facilitating access to legal advice for various matters and simplifying the hiring process for legal representation. Founded in 2012 in Delhi, India, Lawrato. com offers a platform for individuals to connect with over 10,000 lawyers for legal consultations.
The company has not reported any operational pivots or subsidiary relationships. The founders, Nikhil Sarup and Rohan Mahajan, established the firm to address legal access issues. In December 2016, Lawrato. com raised INR 31.
40 million in a venture funding round led by BVC Ventures, Indian Angel Network, Newbie Promoters, and Pragnya Advisors, bringing the total amount raised to INR 31. 40 million and valuing the company at INR 154. 75 million. LawRato operates as a comprehensive online legal consultation platform that connects individuals with a vast network of over 10,000 verified lawyers across more than 700 cities in India.
The primary service offered by LawRato is the facilitation of legal consultations, enabling clients to seek advice on various legal issues, including family disputes, property disputes, criminal defense, and civil matters. This service caters to diverse end users, including Non-Resident Indians (NRIs), individuals facing legal challenges, and those seeking pro bono assistance through partnerships with the National Legal Services Authority (NALSA). LawRato effectively addresses the needs of its clientele by providing immediate access to legal advice and support, simplifying the hiring process for legal representation. LawRato generated revenue of INR 210,210.
70 in 2023. The firm operates on a structured transaction model, charging service fees for consultations and legal representation. Clients engage with the platform by submitting legal queries, which are addressed by qualified lawyers for an agreed fee. The platform also has a subscription model for lawyers aiming to increase their visibility.
LawRato facilitates pro bono services where users can apply for free legal aid, expanding its revenue model by integrating community support initiatives while ensuring accessibility for individuals across a range of legal matters. Lawrato. com plans to enhance its platform by developing new features aimed at improving user experience and efficiency in legal representation, although specific product release dates have not been disclosed. The company is also targeting expansion into additional cities across India to reach a broader client base.
The recent funding of INR 31. 40 million will support these strategic growth initiatives, particularly in enhancing technology and increasing marketing efforts to bolster user engagement and service accessibility.
Current Investors
Pragnya Advisors, Indian Angel Network, Newbie Promoters
Primary Industry
Internet
Sub Industries
Web Applications, Social Networking & Communication Platform, Search Engines, Legal Software
Website
www.lawrato.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Lawrato.com - timeline of key events
Lawrato.com - financials
| Fiscal Year Ended | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 221,465 | 6,341,970 | 10,469,874.8 | 20,479,289.4 | 21,695,120 | 21,118,442 | 13,135,480 | - | - | - |
| % Revenue Growth (YoY) | - | 2763.6% | 65.1% | 95.6% | 5.9% | (2.7%) | (37.8%) | - | - | - |
| EBITDA (USD) | (171,348.1) | (273,514.7) | (7,210,393) | (6,174,403.5) | (9,828,005) | (3,061,795) | (4,020,581) | - | - | - |
| Operating Income (USD) | (174,008.1) | (281,710.7) | (7,235,530) | (6,365,045.5) | (10,022,684) | (3,067,253) | (4,022,097) | - | - | - |
| Operating Margin | (78.6%) | (4.4%) | (69.1%) | (31.1%) | (46.2%) | (14.5%) | (30.6%) | - | - | - |
| % EBITDA Margin | (77.4%) | (4.3%) | (68.9%) | (30.1%) | (45.3%) | (14.5%) | (30.6%) | - | - | - |
| NET Income (USD) | (124,583.6) | (118,439.7) | (4,870,383.7) | (4,482,307.2) | (5,937,598) | (2,306,069) | (2,082,897) | - | - | - |
| % Net Margin | (56.3%) | (1.9%) | (46.5%) | (21.9%) | (27.4%) | (10.9%) | (15.9%) | - | - | - |
Lawrato.com - employee data
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