Jupitice Raises $4 Million In Pre-Series A Round Led By Almas Capital
Jupitice, a Chandigarh-based justice technology (JusTech) company, has raised $4 million in a Pre-Series A round led by Almas Capital Limited. As per the startup, the freshly raised funds will be used in product development and global marketing.
Started by Raman Aggarwal, Jupitice focuses on delivering digital justice services across the globe through its “Justice Service Marketplace” and leverages new-age advance and innovative “End-to-End Justice Delivery Platform” with a provision of ecosystem services to offer a game-changing experience.
The startup has designed and developed the next-generation justice technology platform powered by AI/ML & blockchain.
Speaking on the development, Raman Aggarwal, Founder of Jupitce, said,
“It was not easy to develop a workflow, especially for the Justice sector, which is quite dynamic. It does not merely digitize paper-based processes but transforms processes for a digital environment that creates new capabilities, which were earlier, not conceivable in the traditional justice system.”
Jupitice | Enhancing Technology-enabled Legal Services To All
The Chandigarh-based startup enhances access to justice by leveraging the high penetration of computing technology to digitize all justice delivery mechanisms like Negotiation, Mediation, and Arbitration.
Amardeep Sharma, Managing Director, Almas Capital, stated that the way Jupitice is working is worth commendable.
“The way Jupitice is working towards its vision – Justice for all at their doorsteps by harnessing technology – is worth commendable. Undoubtedly, it is a brilliant company with extraordinary people behind it. We are very positive about this investment as it is not about a couple of people or team, but the entire machinery.”
Almas Capital, also known as Almascaps, manages its fund management company, Almas Global Opportunity Fund, in the Cayman Islands. Almascaps provides funds into many sectors to avail required exposure, including Entertainment, Banking and Finance, Mining and Retail, among others.
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