Jhana AI is a legal tech startup providing AI-driven legal assistants designed to help lawyers, law firms, and in-house legal teams streamline research and document review processes.
What’s New:
Jhana AI is a legal-tech startup based in India transforming the legal industry through artificial intelligence for research and drafting documents. The company recently secured $1.6 million in seed funding to enhance its AI capabilities.
Co-founder Hemanth Bharatha Chakravarthy said, “Lawyers are some of the smartest and most competent people, but lose significant portions of their time doing mundane tasks.”
Key Insights:
Founding and Vision: Founded in 2021 at Harvard University, Jhana AI aims to make legal processes more efficient and accessible.
AI Capabilities: The platform utilises proprietary datasets and advanced AI models to generate insights and legal documents from over 15 million records.
How This Works:
Jhana AI’s technology enables lawyers to conduct research and draft documents quickly by inputting queries into the platform. The AI analyses extensive legal data to deliver accurate results, thus significantly reducing time spent on these tasks.
Currently, lawyers rely on search engines for various journals and academic resources to locate case law and statutes. They draft and review documents manually, relying solely on their expertise.
Results:
The startup’s innovative approach has gained attention from investors, which led to its recent funding. Jhana AI is already being adopted by various legal professionals who are looking to streamline their workflows.
Jhana is designed so that almost all stakeholders in the legal community can benefit from the platform. For smaller firms and individual users, we have offerings designed to meet their needs. Whether you’re an independent advocate, part of a small firm, or a law student, our affordable individual subscription plans allow access to our extensive external data,” he revealed. Currently, Jhana is available at INR 3,300 per
What is Jio Brain? Features, Benefits and Business Applications
Between the Lines:
Several startups in India are leveraging AI to enhance legal processes:
- Jupitice: It was founded in 2019. Jupitice offers an end-to-end platform for Alternative Dispute Resolution (ADR), utilising blockchain and AI to facilitate negotiations and mediations without physical paperwork.
- SoOLEGAL: It was founded in 2015. SoOLEGAL is an online platform that connects users with lawyers and law firms, providing tools for reputation management and professional development.
- MikeLegal: It was launched in 2017. MikeLegal provides an AI-powered legal assistant that automates tasks for legal teams and helps them make data-driven decisions more efficiently.
Why It Matters:
Jhana AI addresses inefficiencies in traditional legal work by integrating AI into legal processes. Co-founder Em McGlone stated, “I want to build technology that democratises access to justice,” highlighting the potential for lower costs and improved access to legal services in India.
We’re Thinking:
It will be interesting to see how Jhana AI will further develop its technology to enhance legal technology in India. Jhana AI has increased efficiency and accessibility, which will set a new standard for legal practice across the country in the coming future.
AI and ML-Based IP Saarthi Chatbot Launched by Piyush Goyal to Simplify Trademark Search
