Online dispute resolution platform CADRE ODR raised $200K in ongoing Pre-series A round
Aprameya Radhakrishna, Rahul Guptan, Ram Bhamidi, Aneesh Garg, and Murali Subramanian have contributed $200,000 to the ongoing pre-series A funding round for the online dispute resolution (ODR) platform CADRE ODR.
According to a press release from CADRE ODR, the money raised will be utilized to democratize access to justice by providing a cost-effective, practical, and easily accessible alternative for resolving disputes for both individuals and companies.
CADRE ODR, which was co-founded in 2019 by Kanchan Gupta and Rajneesh Jaswal, uses cutting-edge technology to provide quick, affordable, and legally binding resolutions for business and other disputes. In contrast to traditional methods, the company uses an AI-driven platform to cut dispute resolution times to as little as 45–60 days. The crucial problem of expensive and time-consuming legal resolutions is addressed by the company’s platform.
CADRE offers a complete, technologically advanced dispute resolution solution that streamlines the legal process. It claims to have already handled close to 8,000 cases involving disputes in banking, securities, employment, and business. In order to improve dispute resolution’s accuracy, transparency, and user experience, the company intends to advance the development of AI-based tools.
Taking advantage of the growing demand for digital dispute resolution solutions, the Bengaluru-based company claims that it is expanding into the South African and Australian markets. It has forged a strategic alliance with the consulting firm Orington & Partners, situated in Australia.
