Radhika Kabbade
Founder
Radhika comes from a modest background. After losing her father, she became the sole breadwinner for her family while still in the 11th grade. Throughout her life, she juggle education and work commitments. Today, she is a qualified Chartered Accountant, Company Secretary, and lawyer. The high standards of management education at IIM Bangalore have played a significant role in enhancing her leadership skills throughout her career.
Radhikha completed her Company Secretary (CS) degree even before finishing her Bachelor of Commerce (B.Com). Later, she pursued a Bachelor of Laws (LLB). During her final year of CS studies, she got married, and her husband and in-laws have been extremely supportive throughout her career. She has been practicing as a corporate lawyer for the last 15 years, consulting for various esteemed organizations. Radhikha started her career as a trainee at MRM Associates before joining Cummins India. After one year of article ship with Cummins India, she became a Junior Partner at PDB & Co. Company Secretaries. Today, she is the sole partner at PDB. Throughout her career, she has worked as a consultant for several prestigious organizations, including Sandvik Asia, Harbinger Group, ICICI Bank, and many more.
Along the way, she faced numerous challenges and obstacles while seeking funding for the company. Recently, she
was also diagnosed with cancer. However, as a true fighter and inspiring leader, Radhika refuses to succumb to these challenges. She continues to work tirelessly toward her dream of helping every individual in society learn and understand legal documents in their native language before they sign them.
When asked what motivated her to transition from a legal professional to an entrepreneur by founding Legalbook, she explained, “Throughout my career, one of the most common tasks I've performed is contract reviewing. Contracts serve as the foundation for every commercial transaction. However, the contract review process can be extremely time-consuming for legal professionals. I was always curious if there was a more efficient way to handle this process. With the advent of AI, we began developing a product to help legal professionals reduce their turnaround time, which in turn helps users decrease their contract review time. We trained our product on over 60,000 contracts from various domains, and it currently enables lawyers to shorten their review time from approximately four days to just three minutes”.
She adds, “When it comes to signing contracts, many people in our society struggle to understand English. Despite this, they often sign contracts without fully comprehending them just to secure jobs. Even legal professionals typically assist with reviewing documents before signing, but rarely do they help individuals understand the contracts’ contents. This has always troubled me. My long-term goal for Legalbook is to empower everyone in our society to learn and understand legal documents in their native language before they sign them”.
As the Founder of Legalbook, she holds various roles and responsibilities within the company. On a micro level, she is involved in every aspect, from Sales and Finance to Fundraising, and even attending conferences whenever necessary. On a macro level, her responsibilities include guiding the organization's vision and planning. Radhika states, “As the founder, you have to manage both the top lines, which is working on future product plans, and the bottom lines, which involve daily revenues, sales figures, and targets, while ensuring your team successfully executes these at the product level”.
Radhika has faced numerous challenges throughout her entrepreneurial journey. One of the major obstacles she encountered was securing funding in India, particularly for women entrepreneurs. Recently, she was also diagnosed with cancer, which has relapsed, further complicating her quest for financial support. When Radhika began her venture in 2018, the Legaltech segment was relatively new. She explored the idea of leveraging data science for contract review, case management, and similar applications, a field that still lacks significant competition today. However, it took about five years to establish her company, as investors were initially hesitant to consider Legaltech as a viable segment.
The term ‘Angel Investments’ refers to the provision of funding at a stage when a startup has yet to generate revenue. Nevertheless, investors often exercise caution by assessing product market viability and potential revenues, even at the seed stage. Although the Indian startup ecosystem has undergone substantial evolution over the past five years, angel investors must adopt a more proactive approach and recognize early-stage funding for what it truly represents, an opportunity for initial investment. In the face of challenges and increasing competition, Radhika remains resolute in her commitment to achieving her objectives.
When asked what motivated her to transition from a legal professional to an entrepreneur by founding Legalbook, she explained, “Throughout my career, one of the most common tasks I've performed is contract reviewing. Contracts serve as the foundation for every commercial transaction. However, the contract review process can be extremely time-consuming for legal professionals. I was always curious if there was a more efficient way to handle this process. With the advent of AI, we began developing a product to help legal professionals reduce their turnaround time, which in turn helps users decrease their contract review time. We trained our product on over 60,000 contracts from various domains, and it currently enables lawyers to shorten their review time from approximately four days to just three minutes”.
She adds, “When it comes to signing contracts, many people in our society struggle to understand English. Despite this, they often sign contracts without fully comprehending them just to secure jobs. Even legal professionals typically assist with reviewing documents before signing, but rarely do they help individuals understand the contracts’ contents. This has always troubled me. My long-term goal for Legalbook is to empower everyone in our society to learn and understand legal documents in their native language before they sign them”.
As the Founder of Legalbook, she holds various roles and responsibilities within the company. On a micro level, she is involved in every aspect, from Sales and Finance to Fundraising, and even attending conferences whenever necessary. On a macro level, her responsibilities include guiding the organization's vision and planning. Radhika states, “As the founder, you have to manage both the top lines, which is working on future product plans, and the bottom lines, which involve daily revenues, sales figures, and targets, while ensuring your team successfully executes these at the product level”.
Radhika has faced numerous challenges throughout her entrepreneurial journey. One of the major obstacles she encountered was securing funding in India, particularly for women entrepreneurs. Recently, she was also diagnosed with cancer, which has relapsed, further complicating her quest for financial support. When Radhika began her venture in 2018, the Legaltech segment was relatively new. She explored the idea of leveraging data science for contract review, case management, and similar applications, a field that still lacks significant competition today. However, it took about five years to establish her company, as investors were initially hesitant to consider Legaltech as a viable segment.
The term ‘Angel Investments’ refers to the provision of funding at a stage when a startup has yet to generate revenue. Nevertheless, investors often exercise caution by assessing product market viability and potential revenues, even at the seed stage. Although the Indian startup ecosystem has undergone substantial evolution over the past five years, angel investors must adopt a more proactive approach and recognize early-stage funding for what it truly represents, an opportunity for initial investment. In the face of challenges and increasing competition, Radhika remains resolute in her commitment to achieving her objectives.
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