About JustAct
JustAct is a Professional & Legal Services company based in Chennai (India) founded in 2019 by Karthik Krishna Murthy and N L Rajah Nangavaram. Dispute resolution is facilitated by AI-powered platform for real-time mediation. JustAct has raised $993.37 thousand across 5 funding rounds from investors including Envestor Ventures, Aakanksha Management Consultancy and Holdings and Srikanth Iyengar. JustAct was last valued at $5.57 million in August 2024. Its chief executive, as recorded, is Rahul Nanuhal. Its Indian entity Lex Carta Private Limited reported revenue of ₹58.4 Lakh. Its focus areas include Enterprise Applications, Legal Tech and Dispute Resolution. Its competitors include Sama and CADRE ODR; 2 of its 2 listed competitors have raised funding.
Company details
JustAct was established in 2019 in Chennai, India, as an AI-driven platform in the legal technology sector. Connections between disputing parties and legal professionals, including lawyers and arbitrators, are enabled for real-time case discussions and outcomes. Core features encompass negotiation oversight, mediation processes, and arbitration coordination. Access to a directory of arbitrators and mediators is offered for immediate engagement. The mobile application is distributed via the Google Play Store.
- Headquarters Chennai, India
- Founders Karthik Krishna Murthy, N L Rajah Nangavaram
- Stage Minicorn
- SectorsProfessional & Legal Services
- Email••••••••
- Website justact.co.in
- Social LinkedIn X
- Legal Name Lex Carta Private Limited
- Date of Incorporation 05 Sep, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹58.4 Lakh
FY 2023 · +178% YoY
- Net Loss-₹1.64 Cr
FY 2023 · -281% margin
- EBITDA-₹1.56 Cr
FY 2023 · -267% margin
- Total Equity Funding$993.37K (USD)
in 5 rounds
- Latest Funding Round$476.45K (USD), Seed
Aug 2024
Associated legal entities of JustAct
JustAct operates through Lex Carta Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lex Carta Private Limited CIN U74999TN2019PTC131458 | Active | 05 Sep 2019 | Chennai, Tamil Nadu | ₹0.6 Cr | 161 | 5 | View details |
Funding Insights of JustAct
JustAct has successfully raised a total of $993.37K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $476.45 thousand completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $993,366
- Total Rounds 5
- Last Round Seed — $476,448
- First Round $202,316
(Mar 2021)
- Investors Count 7
All 5 funding rounds of JustAct with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $476,448 | Seed | $5.57M | Envestor Ventures | – |
| Sep 2023 | $60,065 | Seed | $5.1M | Aakanksha Management Consultancy and Holdings | – |
| Dec 2022 | $121,261 | Seed | $••••• | Aakanksha Management Consultancy and Holdings | |
| Dec 2021 | $133,276 | Angel Round | $••••• | Viren Bipin Nanavati | |
| Mar 2021 | $202,316 | Angel Round | $••••• | Viren Bipin Nanavati |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2024 | $5.57M | •••••••• |
| Sep 2023 | $5.1M | •••••••• |
| Dec 2022 | $••••• | •••••••• |
| Dec 2021 | $••••• | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of JustAct
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $5.57M (Aug 2024). 7 investors in total: 2 institutional and 5 angel.
Investors in JustAct
JustAct has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Envestor Ventures, Aakanksha Management Consultancy and Holdings and Srikanth Iyengar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| envestorventures.tcc.mode | ||||
SI Srikanth Iyengar | unknown_67addcecad2242d18 | |||
VB Viren Bipin Nanavati | unknown_af7ca0ff0e18495a8 | |||
SN Sonal Nalin Nanavati | unknown_be5bc918f6394b4fa | |||
PS Parameswaran Srikant | unknown_038c2223740245998 | |||
PB Padmini Bhadriraju | unknown_5212796f528745d28 | |||
| aakankshamanagementconsultancyandholdings.tcc.mode |
Investor details for JustAct
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Lex Carta Private Limited (JustAct)
Lex Carta Private Limited is the primary company behind JustAct. The board of Lex Carta Private Limited currently have 5 directors; the longest-serving is Nangavaram Lakshminarayanan Rajah, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nangavaram Lakshminarayanan Rajah DIN 00550266 | Director | 05 Sep 2019 | 7 yrs 1 mo | Lex Carta Private Limited |
| Karthik Krishna DIN 06993503 | Director | 05 Sep 2019 | 7 yrs 1 mo | Lex Carta Private Limited |
| Justice Kannan Krishnamoorthy DIN 08763604 | Director | 17 Jun 2020 | 6 yrs 4 mo | Lex Carta Private Limited |
| Viren Bipin Nanavati DIN 00209110 | Additional Director | 27 Sep 2021 | 5 yrs | Lex Carta Private Limited |
| Chandrasekaran Chandramouli DIN 00345124 | Additional Director | 17 Sep 2025 | 1 yr 1 mo | Lex Carta Private Limited |
People of JustAct
3 people are tracked at JustAct (3 in leadership).
| Name | Role | Group |
|---|---|---|
Karthik Krishna Murthy | Co-Founder | Leadership |
N L Rajah Nangavaram | Co-Founder | Leadership |
Rahul Nanuhal | CEO | Leadership |
Complete people profiles for JustAct
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of JustAct
Figures of Lex Carta Private Limited, the primary company behind JustAct, for FY 2023. Revenue was ₹58.4 Lakh (+178% year on year). Net loss was -₹1.64 Cr (-281% margin). EBITDA was -₹1.56 Cr (-267% margin). Revenue has grown at a compounded annual rate of +643% over three years.
- ₹58.4 LakhRevenue · FY 2023 · +178% YoY
- -₹1.64 CrNet loss · -281% margin
- -₹1.56 CrEBITDA · -267% margin
- ₹2.09 CrPaid-up capital
- 161Employees (provident fund records)
- +643%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lex Carta Private Limited are on its company page.
Detailed financial statements for JustAct
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of JustAct
4 dated milestones of JustAct across 5 years, from founding to its latest funding, stage changes and deals.
- Founded JustAct is founded.
- Funding First funding round of $202K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $476K.
Competitors of JustAct
JustAct has 2 listed competitors in our database, 2 of them funded. They include Sama and CADRE ODR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sama.live | 2015 | Bengaluru, India | $187,629 | Online dispute resolution is facilitated for businesses and individuals. | ||
| cadreodr.com | 2019 | Bengaluru, India | $513,785 | Online dispute resolution is enabled via cloud-based arbitration and mediation. |
Detailed competitors of JustAct
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of JustAct
The website of JustAct (justact.co.in) receives about 7.5K visits a month.
- Monthly visits7.5K
▼ 46.7% vs previous month
Websites whose visitors overlap most with JustAct. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
theidrc.com | theidrc.com | 100% | #1,846,728 | – |
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Frequently Asked Questions about JustAct
JustAct was founded in 2019 and raised its 1st funding round 2 years after it was founded.
JustAct is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Rahul Nanuhal is the CEO of JustAct, as recorded in our data.
JustAct is a funded company, having raised a total of $993.37K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $202.32K, raised on Mar 2021.
The primary company behind JustAct, Lex Carta Private Limited, reported revenue of ₹58.4 Lakh for FY 2023, up 178% year on year.
JustAct was established in 2019 in Chennai, India, as an AI-driven platform in the legal technology sector. Connections between disputing parties and legal professionals, including lawyers and arbitrators, are enabled for real-time case discussions and outcomes. Core features encompass negotiation oversight, mediation processes, and arbitration coordination. Access to a directory of arbitrators and mediators is offered for immediate engagement. The mobile application is distributed via the Google Play Store.
JustAct has 7 investors. Key investors include Envestor Ventures, Aakanksha Management Consultancy and Holdings, Srikanth Iyengar, Viren Bipin Nanavati, and Sonal Nalin Nanavati.
The valuation of JustAct is $5.57M as of Aug 2024.
JustAct operates through Lex Carta Private Limited.
The legal entities of JustAct currently have 5 directors, including Nangavaram Lakshminarayanan Rajah, Justice Kannan Krishnamoorthy, Karthik Krishna and others.