Bangalore-based Notary Mama, the on-demand documentation and registration service provider, has raised an undisclosed amount of funding, and has evolved into a new company called Docket Tech Solutions Pvt Ltd, tells founder, Gireesh Challa.
Launched in September 15, 2013, Notary Mama, has served over 5000+ users and had touched INR 1 Cr. in revenues last year. With the launch as Docket, the company is now automating 5+ Cr documents and is launching many more services.
Unlike Notary Mama, which used to operate in the B2C space, Docket Tech will operate its business in the fields of of B2B, person-to-person (p2p) and B2B2C space.
Dr Nandish Domlur (founder and CEO of Protein Entertainment) and Amit Sandill led this round of funding. Amit is the founding partner of Universal Developers and TopSource, an US-based software and consulting company. Amit was also a team principal of Mahi Kawasaki Racing Team India, a superbike world championship team backed by Mahendra Singh Dhoni.
Talking about the services offered by Docket Tech, Gireesh Challa said, “Our services are designed to integrate, facilitate and deliver documents like Agreements, Affidavits, Bonds and Deeds. The core business model revolves around Notary, E-Stamp, Franking and Attestations. We are also expanding into verticals of Business Registrations, Licenses, Property Registration,”
The company has recently launched its Android mobile app “Docket”. With the raised funds, it plans to expand its services in Mumbai, Delhi, Kolkata and Chennai.
The entire 20 members team of Notary Mama will remain intact. Gireesh Challa, Aditya Pratap and Prashanth Narayan remains as co-founders.
“We are launching our IOS app as a part of our business expansion, and currently adding up additional headcount for our product and business development teams,” said Aditya Pratap.
The company is planning to integrate its services overseas. Apart from India, the company’s major traffic comes from the US and UK, and it aims to expand to these countries to tap its key target audience NRIs. “Over a period of time we will also expand into Data Mining, Cloud Storage, Data Analytics and Reporting,” stated Amit Sandill.
Last week, Delhi-based online legal services platform, Legistify, also raised its seed funding. Other players in this space include VakilSearch, Lawrato among others.
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