Konproz is a generative AI startup founded by Shiladitya Dash and Piyush Chopra, to use generative AI  as a responsible and indispensable tool to build SaaS solutions. The startup has recently secured $700k  in a funding round led by angel investors, Dr. Ruchi Parekh and RDB group. The startup aims to use  GenAI to build SaaS services for the legal, tax, and regulatory space.  

The amount raised during this round will be used to build Generative Artificial intelligence intellectual  solutions for the team expansion, scaling up operations to increase the performing capability of  KonProz’s platform and for the legal domain. The startup has received attention for its flagship  products, such as the first GenAi tool trained on India’s tax, legal and regulatory laws, KonProz GPT.  The KonProz platform has received over 2000 active users including senior professionals from Big4s  and Tier 1 law firms since the release of its phase 1 product in November.  

The startup is aiming to build a comprehensive suite of products. The Generative Artificial Intelligence sector is in boom these days, in the past six months, generative AI platforms have managed to secure  decent funding in their early stages. Last year, In December, Sarvam AI raised $41 million in a series A  round led by Lightspeed which was the largest funding in this sector. Followed by Ema with $25 million  and Neysa secured $20 million in the Series A round.  

This Delhi-NCR-based GenAI startup aims to make SaaS solutions to strengthen its position in the  market as a leader in the Legal AI innovative space. The founders of KonProz said that securing this  amount gave them a sense of relief and confidence as the investment highlights the confidence of  investors in the startup’s vision and potential. The funding will be used to further enhance KonProz’s  platform to set new standards for the legal and tax technology sector. The investors showed support and confidence in the immense potential of Konproz’s solutions in GenAI. 

Conclusion: 

Konproz is a generative AI startup that aims to use GenAI to build SaaS services for the legal, tax, and  regulatory space. The startup has recently secured $700k in a funding round led by angel investors, Dr.  Ruchi Parekh and RDB group. The amount raised during this round will be used to build Generative  Artificial intelligence intellectual solutions for the team expansion, scaling up operations to increase the performing capability of KonProz’s platform and for the legal domain.

The KonProz platform has  received over 2000 active users including senior professionals from Big4s and Tier 1 law firms since  the release of its phase 1 product in November. This Delhi-NCR-based GenAI startup aims to make SaaS  solutions to strengthen its position in the market as a leader in the Legal AI innovative space. The  founders of KonProz said that securing this amount gave them a sense of relief and confidence as the  investment highlights the confidence of investors in the startup’s vision and potential.