Presolv360, an online dispute resolution platform, has raised $1.08 million in venture investment
- ByStartupStory | February 24, 2022
Presolv360, a technology-driven new-age dispute resolution platform, has raised $1.08 million (Rs 8.13 crore) in seed funding from MGA Ventures (Ashra Family Office), Omidyar Network India, and other family offices including Inspira Enterprises, M Pallonji, Jeena and Co, Fine Fragrances, and other angel investors.
As Presolv360 focuses on growing its user base, the cash will be used to develop and integrate additional technologies, as well as expand the staff across tech, data, and business development.
Presolv360’s platform allows enterprises to resolve disputes with their stakeholders out of court and capitalize on bespoke offerings such as smart case management, workflow automation, data-driven insights, blockchain-based validation, digital tools, and more, resulting in reduced costs, time, and efforts by up to 65 per cent. It was founded by Bhaven Shah, Namita Shah, and Aman Sanghavi with the vision to “pre-solve” every dispute through the interplay between technology and data.
Presolv360 claims to be trusted by 35+ businesses, including some of the world’s leading banks, NBFCs, businesses, e-commerce companies, and startups. It was also fostered by Cyril Amarchand Mangaldas, India’s top legal company.
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