Jhana AI, an Indian legal tech startup, has successfully raised USD 1.6 million in its maiden funding round. Founded in 2021 at Harvard University, Jhana AI focuses on creating AI-driven legal assistants to help lawyers, law firms, and in-house legal teams streamline their operations. The startup, based in Bengaluru, has been testing its services across the Indian legal landscape and aims to use the new funds to improve its proprietary AI models and datasets, as well as to hire top researchers in law and artificial intelligence.
Leading Investors and Strategic Support
This round of funding was led by Girish Mathrubootham, founder of Freshworks, and Manav Garg, founder of Eka Software, through their venture capital fund. The round also saw participation from various prominent investors and tech leaders, including:
- Shyamal Anadkat (angel investor and member of the Applied AI team at OpenAI)
- Scott Davis (former Vice President of VMWare)
- Harshil Mathur and Shashank Kumar (founders of Razorpay)
- Kunal Shah (angel investor and founder)
- Cory Levy (founder of First Text and After School)
- Ojas Shukla
An India-specific portion of the round will be disclosed soon, making this one of the largest pre-seed funding rounds in India’s legal tech sector.
Revolutionizing Legal Support with AI
Jhana AI’s AI-powered paralegal solutions aim to enhance the efficiency and accessibility of legal services in India. By leveraging AI, the platform is designed to assist legal professionals by reducing time spent on routine tasks, thus allowing lawyers to focus on higher-level work. Manav Garg, managing partner at Together Fund, emphasized the potential of Jhana AI to transform the Indian legal landscape, stating, “Jhana’s AI-driven paralegal solution has the potential to revolutionize how legal professionals operate, enhancing both efficiency and accessibility within the market.”
Accolades and Future Plans
In addition to securing investment, Jhana AI has received numerous accolades from prestigious institutions. These include the Emergent Ventures grant from the Mercatus Center at George Mason University, as well as awards from programs like Jio GenNext, Agami OpenNyAI, AWS Public Sector Startup Hub, Microsoft Founders Hub, and more.
With this new capital and recognition, Jhana AI is well-positioned to lead advancements in the legal tech industry and continue developing innovative solutions for the future of legal support.
