{"id":61064,"date":"2021-10-26T12:17:31","date_gmt":"2021-10-26T06:47:31","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=61064"},"modified":"2021-11-15T12:26:51","modified_gmt":"2021-11-15T06:56:51","slug":"cyril-amarchand-mangaldas-announces-successful-conclusion-of-prarambh-cohort-2","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/cyril-amarchand-mangaldas-announces-successful-conclusion-of-prarambh-cohort-2","title":{"rendered":"Cyril Amarchand Mangaldas Announces Successful Conclusion of Prarambh Cohort 2"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/Amarchand-Mangaldas.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"35055\" data-permalink=\"https:\/\/www.legalindia.com\/news\/4-delhi-partnes-amarchand-mangaldas-inaugurated-new-office-gurgaon\/amarchand-mangaldas\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/Amarchand-Mangaldas.jpg?fit=200%2C108&amp;ssl=1\" data-orig-size=\"200,108\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Amarchand Mangaldas\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/Amarchand-Mangaldas.jpg?fit=200%2C108&amp;ssl=1\" class=\"alignleft size-full wp-image-35055\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/Amarchand-Mangaldas.jpg?resize=200%2C108&#038;ssl=1\" alt=\"\" width=\"200\" height=\"108\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/Amarchand-Mangaldas.jpg?w=200&amp;ssl=1 200w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/09\/Amarchand-Mangaldas.jpg?resize=150%2C81&amp;ssl=1 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a>India\u2019s leading law firm,\u00a0Cyril Amarchand Mangaldas (CAM),\u00a0today announced the successful conclusion of Prarambh Cohort 2. Three start-ups were selected for this cohort, namely,\u00a0Conduct,\u00a0Presolv360, and\u00a0PropertyChek. They successfully completed the rigorous, multi-dimensional incubation programme at India\u2019s first and highly regarded LegalTech incubator, Prarambh.<\/p>\n<p>Launched in October 2020, Prarambh Cohort 2 was designed as a 16-week virtual incubation programme for LegalTech startups in the \u2018development and\/or ready to scale\u2019 stage.\u00a0Conduct,\u00a0Presolv360, and\u00a0PropertyChek\u00a0were selected from 24 start-up applicants to Prarambh Cohort 2 after a comprehensive multi-stage evaluation and assessment process.\u00a0These startups were selected to address one or more areas of interest, namely access to justice, increasing transactional efficiencies, improving law firm operations, improving litigation competencies, accessing government programmes and reforms and the remote workforce.<\/p>\n<p>Talking about Prarambh Cohort 2\u2019s success,\u00a0Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas, said, \u201cThe successful conclusion of Prarambh Cohort 2 echoes our commitment to innovate and excel with technology. India\u2019s legal industry needs dynamic LegalTech solutions, now more than ever, as businesses are looking to improve and sustain work efficiency in virtual environments. With Prarambh, we aim to supplement this need and pave the way for growth of LegalTech solutions in India.\u201d<\/p>\n<p>After careful assessment by CAM\u2019s innovation team, mentors, and experts, various customized and structured programmes were designed and rigorously implemented. The focus was to provide deep professional insights to the start-ups and their founders that would enhance their product capabilities in line with industry and client requirements, help develop diverse skills required to rapidly scale up, and enable them to achieve their broader goals at a faster pace.<\/p>\n<p>Mr. Rishabh Shroff,\u00a0Partner, Cyril Amarchand Mangaldas,\u00a0said, \u201cPrarambh\u2019s Cohort 2 is a natural evolution and expansion from the experiences of the first cohort, and more importantly from the impact of COVID\u00a0on India\u2019s legal industry. With our clients increasingly requiring their advisors to be at the forefront of innovation and deliver cost-effective robust solutions backed by technology, we feel these cohort members strongly help us meet these goals. It also fits into our broader Firm strategy of broadening our horizons towards digitally native clients, start-ups, and founders. Our second cohort is a win-win on all fronts.\u201d<\/p>\n<p>Prarambh Cohort 2 was designed as a comprehensive virtual programme, which included various sessions on business essentials including governance, risk &amp; compliance, product improvement, pitching &amp; funding, marketing &amp; business development, beta testing, and growth strategies. Each start-up was assigned different mentors according to the solutions being developed. This mentor-mentee relationship allowed for transformative enhancements to products and services, thereby accelerating growth of these game-changing LegalTech products.<\/p>\n<p>Talking about Prarambh Cohort 2,\u00a0Ms.\u00a0Komal Gupta,\u00a0&#8211;\u00a0Chief Innovation Officer, Cyril Amarchand Mangaldas,\u00a0said, \u201cThe second cohort has been an enriching experience not only for the three start-ups but also for us. The cohort was focused on ready-to-scale start-ups, which helped us clearly define goals for each of them and create a tailor-made program where the start-ups and their Founders could grow professionally as well as in person.\u201d<\/p>\n<p>\u201cHaving clearly defined metrics for each start-up at the onset of the programme allowed us to track their progress and hand-hold them as and when required. This time we focused on a theme eachmonth \u2013 It\u2019s All About You, LegalTech Landscape Across the Globe, Pitching and Funding, and Understanding the Clients\u2019 Perspective.\u00a0We had guest mentors from across the globe to mentor the start-ups which helped in expanding our vision.\u00a0I am sure these start-ups will have a powerful and positive impact on the LegalTech landscape in India. Prarambh has had a significant impact on the domestic legal market encouraging entrepreneurs to develop scalable solutions for the legal industry and also warming up clients and investors to LegalTech. Prarambh has made LegalTech a category in incubator and accelerator applications \u2013 a category that never existed [in India before],\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Prarambh\u2019s first cohort was launched on October 9, 2019, with three start-ups, namely JRTC Intern, Leegality, and LegalMind completing their incubation and development journey, and finding excellent acceptance among clients and investors.<\/p>\n<p>&nbsp;<\/p>\n<p>Prarambh Cohort 2 experience: The Founders\u2019 perspectives<\/p>\n<p>Pallavi Pareek,\u00a0Founder, Conduct,\u00a0said, \u201cThe Prarambh experience is comprehensive, legally nuanced, and very dedicated to a specific product solution. Customiszd for entities at different stages, this programme provides insights to all aspects of a business.\u201d<br \/>\nNamita Shah and Bhaven Shah,\u00a0Founders, Presolv360,\u00a0said, \u201cThe \u2018Prarambh experience\u2019 has been game changing for us at Presolv360. It has helped us improve our offerings, refine our processes and capitalize on opportunities in the LegalTech ecosystem. It is akin to doing an \u2018MBA in LegalTech\u2019. All the learnings will definitely translate into more growth and more impact for Presolv360!\u201d<br \/>\nAmarjot Sandhu and Uday Kiran Chakka,\u00a0Founders, PropertyChek\u00a0said, \u201cThe Prarambh experience has been a shot in the arm for us and PropertyChek is much more equipped to accomplish its mission of bringing trust and transparency in the Real Estate sector. The biggest advantage is that the quality and intellectual level of every speaker in every session has been world class. The work put in by the innovation team to provide the cohort with the necessary knowledge, mentorship, resources and practical experience would help it succeed.\u201d<br \/>\nAbout Cohort 2\u2019s startups<\/p>\n<p>Conduct is a culture-compliant tech solution focused on bringing data at the forefront of diversity &amp; inclusion building and management at the workplaces.<br \/>\nPresolv360 is an independent institution that facilitates and administers dispute resolution services via its cloud-based end-to-end online dispute resolution (\u2018ODR\u2019) platform and specializes in small to mid-value commercial dispute resolution by making it\u00a0data-driven and inclusive.<br \/>\nPropertyChek is\u00a0India&#8217;s first Property Legal Process Management (PLPM) SaaS platform that helps banks and financial companies conduct title due diligence and registrations before issuing loan mortgages for real estate properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s leading law firm,\u00a0Cyril Amarchand Mangaldas (CAM),\u00a0today announced the successful conclusion of Prarambh Cohort 2. Three start-ups were selected for this cohort, namely,\u00a0Conduct,\u00a0Presolv360, and\u00a0PropertyChek. They successfully completed the rigorous, multi-dimensional incubation programme at India\u2019s first and highly regarded LegalTech incubator, Prarambh. Launched in October 2020, Prarambh Cohort 2 was designed as a 16-week virtual incubation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35055,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[47683],"class_list":["post-61064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-cyril-amarchand-mangaldas-announces-successful-conclusion-of-prarambh-cohort-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cyril Amarchand Mangaldas Announces Successful Conclusion of Prarambh Cohort 2 - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"India\u2019s leading law firm,\u00a0Cyril Amarchand Mangaldas (CAM),\u00a0today announced the successful conclusion of Prarambh Cohort 2. 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