About JustAct
JustAct is a company based in Chennai (India) founded in 2019 by Karthik Krishna Murthy and N L Rajah Nangavaram.. JustAct has raised $993.37 thousand across 5 funding rounds from investors including Envestor Ventures, Aakanksha Management Consultancy and Holdings and Srikanth Iyengar. JustAct operates in a competitive market with competitors including FairShake, NuvaLaw, Immediation, Sama and CADRE ODR, among others.
- Headquarter Chennai, India
- Founders Karthik Krishna Murthy, N L Rajah Nangavaram
- Stage Minicorn
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lex Carta Private Limited
- Date of Incorporation 05 Sep, 2019
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$70.22 K (USD)178.41as on Mar 31, 2023
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Net Profit
$-197.43 K (USD)-19.12as on Mar 31, 2023
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EBITDA
$-189.19 K (USD)-15.12as on Mar 31, 2023
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Total Equity Funding
$993.37 K (USD)
in 5 rounds
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Latest Funding Round
$476.45 K (USD), Seed
Aug 29, 2024
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Investors
Envestor Ventures
& 6 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 5
- Last Round Seed — $476,448
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First Round
First Round
(11 Mar 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - JustAct | Valuation | Envestor Ventures |
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| Sep, 2023 | Amount | Seed - JustAct | Valuation | Aakanksha Management Consultancy and Holdings |
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| Dec, 2022 | Amount | Seed - JustAct | Valuation | Aakanksha Management Consultancy and Holdings |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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SI
Srikanth Iyengar |
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Founded Year | Domain | Location |
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VB
Viren Bipin Nanavati |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by JustAct
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - JustAct
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Justact Comparisons
Competitors of JustAct
JustAct operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FairShake, NuvaLaw, Immediation, Sama and CADRE ODR, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Legal services for consumer-company disputes are provided.
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| domain | founded_year | HQ Location |
Online dispute resolution platform
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| domain | founded_year | HQ Location |
Cloud-based dispute resolution management solutions are provided.
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| domain | founded_year | HQ Location |
Online dispute resolution is facilitated for businesses and individuals.
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| domain | founded_year | HQ Location |
Online dispute resolution is enabled via cloud-based arbitration and mediation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about JustAct
When was JustAct founded?
JustAct was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is JustAct located?
JustAct is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of JustAct?
Rahul Nanuhal is the current CEO of JustAct.
Is JustAct a funded company?
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 Seed of $121.26K, raised on Mar 11, 2021.
What is the annual revenue of JustAct?
Annual revenue of JustAct is $70.22K as on Mar 31, 2023.
What does JustAct do?
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.
Who are the top competitors of JustAct?
JustAct's top competitors include FairShake, CADRE ODR and Reclamador.
Who are JustAct's investors?
JustAct has 7 investors. Key investors include Envestor Ventures, Aakanksha Management Consultancy and Holdings, Srikanth Iyengar, Viren Bipin Nanavati, and Sonal Nalin Nanavati.
What is JustAct's valuation?
The valuation of JustAct is $5.57M as of Aug 2024.