PE-VC Fund Investments
Legaltech startup Lucio raises $5-M led by DeVC India
Bengaluru-based legal AI startup Lucio has raised USD 5 million led by DeVC India, with participation from Ashish Kacholia and Lashit Sanghvi.Founded in 2022 by Vasu Aggarwal and Darsan Guruvayurappan, Lucio is a legaltech platform which claims to automate document review, drafting, due diligence, legal research, and translation with use of Enterprise AI.The fresh funds will be used by the company for expanding its product offerings and enhancing personalisation capabilities for lawyers across jurisdictions.
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