Mumbai-based legal-tech startup Presolv360 has raised $4.7 million in a funding round led by Elevation Capital, with participation from MGA Ventures and other angel investors.
The company had earlier secured $1.08 million in a seed round in February 2022 from Fine Fragrances and other investors. With this fresh capital, Presolv360 plans to expand its presence across new dispute resolution mechanisms and strengthen its technology-driven legal infrastructure.
Founded in 2017 by Bhaven Shah, Namitha Shah, and Aman Sanghavi, Presolv360 offers an online dispute resolution (ODR) platform specializing in arbitration and mediation. By leveraging AI-driven modules, the startup aims to make legal processes faster, more affordable, and accessible to individuals and organizations. Its platform enables users to connect with legal professionals, review agreements, and manage cases digitally.
Speaking about the fundraise, Bhaven Tarunkumar Shah, co-founder of Presolv360, said: “We currently do arbitration and mediation, but our goal is to replicate these systems across other dispute workflows as well. These funds will help us accelerate market expansion.”
Presolv360 primarily works with financial institutions, banks, and fintech companies, offering tailored dispute resolution solutions. The startup is backed by government bodies, prominent judges, and industry stakeholders, ensuring credibility in the legal ecosystem.
The Indian ODR sector has seen rising activity, with players like Sama, Cadr.in, Jupitice, and Webnyay also operating in the space. Presolv360’s latest funding signals growing investor confidence in the future of tech-enabled dispute resolution in India.
By: Arushi Agarwal
