# Grey Swift Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grey-swift-private

- Industry: Internet
- Headquarters: Gurgaon, India
- Website: www.leegality.com
- Total disclosed funding: $5.4M
- Latest round: Series A (Oct 18, 2022)
- Investors on record: 3

## About

Grey Swift Private Limited specializes in digital solutions that streamline traditional paperwork processes for businesses in India, enhancing efficiency and security.Founded in 2016, Grey Swift Private Limited is based in Gurgaon, India, and focuses on providing digital solutions for document management. The company was co-founded by Anahad Narain, Prakhar Agrawal, Sapan Parekh, and Shivam Singla. As of October 2022, it raised USD 5.00 mn in a Series A funding round led by 360 ONE, with participation from Mumbai Angels. The company has completed 3 deals to date, with a total amount raised of USD 5.00 mn.Leegality offers a comprehensive suite of digital solutions designed to transform traditional paperwork processes for Indian businesses. Its core products include electronic signatures (eSign), digital stamping, and a document infrastructure that manages agreements throughout their lifecycle. These solutions enable organizations to create digital forms quickly, pre-fill from existing systems, and securely store signed agreements, enhancing operational efficiency and reducing turnaround times.In 2023, Leegality reported a revenue of USD 4,168,214.90, while also recording an EBITDA of USD -627,435.60 for the same year. The revenue is generated through a subscription-based model, where clients pay based on their monthly document volume and utilize services such as Aadhaar eSign and API access.Following the recent funding round in October 2022, Grey Swift Private Limited plans to invest in product development and enhance its customer acquisition strategies. The company aims to expand its offerings and potentially enter new markets within Asia, leveraging the new capital to accelerate its growth initiatives.

## Funding rounds

- Series A, Oct 18, 2022, $5M — Mumbai Angels, 360 ONE
- Seed, Jun 6, 2019, $0.4M — Mumbai Angels, Chandigarh Angels Network

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed, Series A
- Chandigarh Angels Network — Seed
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series A