Legal-tech startup Jhana. ai raises $1.6 million from Together Fund, others

The new funds will be used for development of proprietary datasets and AI models, and hiring researchers for both law and artificial intelligence. This could pave the way for democratizing access to legal services and resources in India.

ETtech
AI-driven legal-tech startup Jhana. ai recently closed a $1.6-million seed funding round, led by venture capital firm Together Fund.

Together Fund was set up by Girish Mathrubootham and Manav Garg, founders of Freshworks and Eka Software, respectively.

The round also saw participation from investors like Shyamal Anadkat (OpenAI), former VMWare executive Scott Davis, Kunal Shah of Cred, Razorpay founders Harshil Mathur and Shashank Kumar, along with angel investors Cory Levy and Ojas Shukla.


The Harvard-founded startup has been offering AI legal assistants as a beta test and product to lawyers, firms and various in-house legal teams nationwide.

“Jhana is bringing the cutting edge in LLM agent applications to novel use cases as well as jurisdictions in the law," said Anadkat, member of the Applied AI Team at OpenAI.

The new funds will be used for development of proprietary datasets and AI models, and hiring researchers for both law and artificial intelligence. This could pave the way for democratizing access to legal services and resources in India.
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“An India portion of the round is still being closed and will be publicly disclosed soon,” the company said in a statement.

The development comes at a time when India’s legal system is at the crossroads with nearly 5 crore pending cases across the country. Startups leveraging the power of AI in this arena can bridge the gap between technology and the legal system.

“I want to build technology that democratizes access to justice, intelligence and strategy in the law, for all those who rely on systems of governance”, said Em McGlone, co-founder of jhana.ai.

This development becomes crucial for the revival of the startup ecosystem as funding for AI startups in India stood at $8.2 million in the April-June quarter, down about 82% year on year. In contrast, the United States secured $27 billion in the same quarter.
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In the beginning of this year, ET also reported that Krutrim AI, India’s unicorn AI startup, raised a $50 million funding in a round led by Matrix Partners India at a $1-billion valuation.
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