Guest Column : VC Funding in LPO Industry


K

kpoconsultants.com

Legal process outsourcing industry forms a part of the knowledge
process outsourcing industry. Under this arena, the legal jobs are
outsourced by the law firms (primarily) based out of foreign countries
like US, UK and other European countries where skilled labor (lawyers)
costs are very high.......

Venture Capital: Recent Funding in Indian LPO

Recently, Sanshadow Consultants, an LPO firm operating from Delhi,
providing technical support related to intellectual property issue and
also covering pre-filing activities, prior art searching of patents,
analysis and strategic report received strong investment from the Band
of Angels, a group of successful entrepreneurs who invest in start up
or early stage ventures. Band of angels has ensured to bring together
highly successful entrepreneurial guidance for the LPO vendor to
increase the potential of creating values. Apart from that, the band
provides access to mentoring, its vast network and inputs on strategy
as well as execution. One of the members from the band would sit on the
board of the company. The company also offers strong investment
opportunity as it is built on a niche and scalable model. It provides
services to overseas market like US and Europe.

Rakesh Jhunjhunwala, a leading investor in the country, has picked up a
stake in the Mumbai-based Inventurus Knowledge Solutions for $5.5
million. The company has recently been set up and provides services in
the verticals of healthcare and legal process outsourcing. In the legal
processing arena, the company is going to focus on IP, litigation
support and financial transactions. Inventurus, which was floated by
four industry veterans, has a 25-seater office in suburban Mumbai and
plans to increase the number of seats to 1000. The company is still in
the process of hiring lawyers and other professionals to execute the
projects which have already been acquired.

TO LEARN MORE ABOUT THE MATTER, PLEASE EMAIL AT (e-mail address removed)
with the subject - LPO CONSULTING!!
 
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