Webnyay raises undisclosed amount in seed funding round led by IPV

• ByStartupStory     |    August 22, 2022

Webnyay, the top online platform for dispute resolution and grievance redressal in India, raised an undisclosed sum in its Seed Round, led by SucSEED Indovation Fund and Inflection Point Ventures. The money raised will be put to use by expanding the products, developing AI, ML, Boosting platform security and improving its platform’s capacity for resolving conflicts in open networks like the Account Aggregator, ONDC, and OCEN networks. A go-to-market plan will also be created by Webnyay.

Vinay Bansal, founder and CEO of Inflection Point Ventures said, “Tech firms in the previous decade have proved how technology can be utilised to solve real problems, from cab-hailing to food delivery within minutes. From the beginning of the pandemic, the judiciary in India also used technology to carry out justice. Because of a number of clear obstacles, the market for tech-enabled platforms for dispute resolution remains untapped. As a cutting-edge legal technology platform created in India with global relevance in dispute resolution and grievance redress, Webnyay is taking a risk in this market. Webnyay meets this IPV criterion as a supporter of outstanding businesses with amazing founders.”

An intuitive technology approach for resolving disputes and grievances has been developed by Webnyay. Users of Webnyay’s patented technology can create legal documents for arbitration without the use of an attorney or other outside counsel. It has been used to settle disputes and complaints in a variety of industries, including media and entertainment, banking and fintech, healthcare, and eCommerce and is also available in several languages.

About Webnyay

Vishwam Jindal and Ishita Jindal founded the company in 2020. Vishwam Jindal has over 9 years of expertise in dispute resolution, public policy, white collar investigations, and sanctions work. Ishita Jindal has over 6 years of experience in product design and management.

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