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CADRE ODR has Secured $200,000 in Strategic Funding

This strategic investment will fuel CADRE’s mission to democratize access to justice, creating an affordable, efficient and accessible dispute resolution option for businesses and individuals.

By Ayushi Jain
New Update
CADRE ODR has Secured $200,000 in Strategic Funding

CADRE ODR, India’s premier Online Dispute Resolution (ODR) platform, has raised $200,000 in an ongoing pre-series A funding round, attracting prominent investors including serial entrepreneurs Aprameya Radhakrishna, Murali Subramanian and Ram Bhamidi, (founder of Radarr) and industry experts including Aneesh Garg (General Counsel, Jumbo Electronics) and international lawyer Rahul Guptan. 

Investment benifit

This strategic investment will fuel CADRE’s mission to democratize access to justice, creating an affordable, efficient and accessible dispute resolution option for businesses and individuals.

Accelerating Innovation in Dispute Resolution

Kanchan Gupta, Co-founder of CADRE ODR said, "Co-founded in 2019 by engineer-lawyer duo Kanchan Gupta and Rajneesh Jaswal, CADRE ODR uses advanced technology to offer legally binding, rapid, and cost-effective solutions for commercial and other disputes. By leveraging an AI-driven platform, CADRE drastically reduces dispute resolution times to as little as 45-60 days, compared to conventional methods. With increasing pressure on judicial courts and a greater focus on ease of doing business, CADRE ODR is filling a vital gap, This funding allows us to advance our technology, expand our reach globally, and empower more people to resolve disputes swiftly and affordably.”

Strategic Expansion and Technology Integration

CADRE’s platform stands out in the Dispute Resolution as a Service (DRaaS) sector, providing a comprehensive tech-enabled dispute resolution solution with a streamlined legal workflow. CADRE ODR has already processed nearly 8,000 cases across banking, securities, employment and commercial disputes. 

This capital injection will enhance CADRE’s development of AI-based tools that improve transparency, accuracy, and user experience in dispute resolution.

Rajneesh Jaswal, Co-founder and former in-house lawyer said, “Fast dispute resolution is critical to economic health, Our solutions bridge the justice gap with the scalability and efficiency needed in today’s environment. Our goal is to become the leading online dispute resolution provider, competing globally with companies like Immediation and Tyler Tech. "

CADRE’s growth is also buoyed by progressive regulatory support, including proposed amendments to India’s Arbitration and Conciliation Act, Niti Aayog’s ODR Policy Plan, and Phase III of the E-Courts Project. As an integral part of ecosystems like SEBI’s investor grievance mechanisms, the Open Network for Digital Commerce (ONDC), and the Account Aggregator framework, CADRE continues to strengthen its role in India’s legal tech landscape.

Expansion into South Africa and Australia

As part of its global expansion strategy CADRE ODR is entering both the South African and Australian markets, capitalizing on the surging demand for digital dispute resolution solutions. Africa led by countries like South Africa, is witnessing a swift transition towards online dispute resolution (ODR) due to rising domestic and foreign investments. 

South Africa's complex business environment offers significant growth potential for CADRE's AI-driven platform, providing rapid, cost-effective and legally binding resolutions for commercial and civil disputes. 

With increasing government support and regulatory backing CADRE ODR is poised to become an essential part of South Africa’s evolving legal landscape by addressing bottlenecks in traditional dispute resolution and expanding access to justice for businesses and individuals alike.

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Australia, a tech-forward market represents another high-potential region for CADRE’s expansion. With a legal services sector valued at approximately AUD 25 billion, Australia has rapidly adopted ODR frameworks, especially in industries such as e-commerce, government sector, financial services and telecommunications. This market shift is fuelled by both regulatory support and a growing demand for secure, efficient resolution services. 

Head of Product Subbaiah KG said, “CADRE's emphasis on data security, seamless user experience and responsible use of AI aligns well with Australia’s stringent data privacy laws, positioning the platform as an ideal solution for organizations seeking secure and streamlined dispute resolution,  By catering to region-specific needs and building local partnerships, CADRE ODR is set to establish itself as a leader in South Africa and Australia’s dispute resolution sectors, empowering businesses across both continents. "

New Strategic Partnership with Orington & Partners

Alongside its latest funding round CADRE ODR has established a strategic partnership with Orington & Partners, an Australia-based consulting firm. Kashish Grover, Managing Partner at Orington & Partners, expressed confidence in CADRE’s mission, stating “CADRE’s platform addresses the critical issue of delayed and costly legal resolutions. We are excited to support CADRE ODR as it combines legal rigor and technological expertise to serve a global audience.”

About CADRE ODR

CADRE ODR is India’s leading online dispute resolution platform, dedicated to making dispute resolution accessible and efficient through technology-driven, legally binding solutions. With a focus on fast, affordable, and effective dispute resolution, CADRE ODR is reshaping the landscape for businesses and individuals seeking timely dispute resolution. 

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Godrej Properties Limited has Secured INR 6,000 cr through the QIP route

GPL intends to use the net proceeds received from this issue to build a project pipeline that allows it to scale the business rapidly in the years ahead.

By Ayushi Jain
New Update
Godrej Properties Limited  has Secured INR 6,000 cr through the QIP route

Godrej Properties Limited (GPL) , a leading national real estate developer, today announced that it has raised INR 6,000 crore through the QIP route.

The issue saw a strong demand of ~4X the size of the QIP and was fully covered with long only demand. The issue also had a healthy mix of leading international and domestic investors including GIC, Blackrock, Aberdeen, Norges Bank, SBI Pension, and ICICI Prudential life Insurance.  

As a result of the QIP, GPL’s Net Worth has increased by more than 50% while the equity dilution was 7.68%. GPL’s gearing ratio will come down to below 0.2:1 from 0.7:1 as of September 30, 2024. 

With bookings growth of 56% in FY23, 84% in FY24 and 90% in H1 FY25, GPL has achieved a tremendous growth trajectory in recent years and is well positioned to substantially surpass its FY25 booking value guidance of 27K crore.  

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GPL intends to use the net proceeds received from this issue to build a project pipeline that allows it to scale the business rapidly in the years ahead. GPL has already surpassed its business development guidance for FY25 of Rs 20,000 crores of estimated booking value in the first 7 months of the year and continues to have strong visibility for rest of the year. 

Godrej Properties was the largest real estate developer in India by bookings in FY25 and the fastest growing large business in India across sectors in FY24 with sales growth of 84%. Jeffries, Morgan Stanley, Bank of America, and Kotak were the bankers for the QIP. 

Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said: “We are delighted with the response to our QIP process. We greatly appreciate the confidence and support of the investment community and will do our best to ensure we utilize this capital wisely.   Godrej Properties has reset its scale in the recent years with bookings growth of 56% in FY 23 and 84% in FY 24.  GPL is well positioned to deliver a 3rd consecutive year of rapid growth in booking value with 90% growth in H1 bookings, launches planned across 7 cities in Q3, and an even stronger launch pipeline for Q4. This capital raise will allow GPL to significantly enhance its business development portfolio while maintaining a tremendously strong balance sheet. We remain focused on building scale through continued market share gains and margin expansion.”

About Godrej Properties Limited:  

Godrej Properties brings the Godrej Industries Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 127-year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In FY 2024, Godrej Properties emerged as the largest developer in India by the value of residential sales achieved. 

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