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MyAdvo - About the company

MyAdvo is a seed company based in Gurugram (India), founded in 2015 by Kushal Bhagat and Rishabh Gupta. It operates as an Online marketplace to book lawyers. MyAdvo has raised $1.91M in funding from WaterBridge, with a current valuation of *****. The company has 27 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Lawyered, VidhiKarya and Lawvedic.

Company Details

MyAdvo is an online marketplace to book lawyers. Lists lawyers in the city for various practices. Users can post on the platform and get their queries resolved by legal experts. Lawyers can list themselves on the platform, gain access to the right talent to run their law firms, contribute to blogs and legal updates, manage practice clients with AdvoDigi software. Users can book a lawyer or get a quote. Claims to have a network of 2500+ lawyers spread across 115+ cities with expertise in more than 75 domains as of Dec 2016. Since inception the company has resolved 22,500+ queries as of Dec 2016. Has tied up with Karbonn, Panasonic, Hindware, HFB etc for handling consumer litigation cases. Also provides ancillary services such as property search, legal notice, will creation etc. Raised undisclosed angel investment from Pradyumna Dalmia (Calcutta Angels Network) in Dec 2016.
Social
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Registered Address
D-763,GF SARASWATI VIHAR PITAMPURA, NEW DELHI, Delhi, India, 110034
Key Metrics
Founded Year
2015
Location
Gurugram, India
Stage
Seed
Total Funding
$1.91M in 3 rounds
Latest Funding Round
Post Money Valuation
***** as on Feb 01, 2020
Investors
Ranked
Annual Revenue
₹3.58Cr as on Mar 31, 2025
Employee Count
7 as on Aug 31, 2025
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MyAdvo's funding and investors

MyAdvo has raised a total funding of $1.91M over 3 rounds. Its first funding round was on Dec 03, 2016. Its latest funding round was a Seed round on Oct 30, 2019 for $*****. 4 investors participated in its latest round. MyAdvo has 22 institutional investors and 26 angel investors.

Here is the list of recent funding rounds of MyAdvo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 30, 2019
8516245
Seed
1446614
1057608
2288858
5431314
Oct 10, 2018
8852049
Seed
8270663
4967416
8941325
Dec 03, 2016
3672877
Seed
4501954
5427514
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MyAdvo's founders and board of directors

Founder? Claim Profile
The founders of MyAdvo are Kushal Bhagat and Rishabh Gupta.
Here are the details of MyAdvo's key team members:

MyAdvo's Board of Directors

MyAdvo's board has 2 active members. Kushal Bhagat and Anil Kumar are part of team.
Here is the list of MyAdvo's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 5m
Team
-
Current
7y 9m
hqownjc
Team
-
Past
8y 9m

MyAdvo's employee count trend

MyAdvo has 7 employees as of Aug 25. Here is MyAdvo's employee count trend over the years:
Employee count trend for MyAdvo
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MyAdvo's Competitors and alternates

Top competitors of MyAdvo include Lawyered, VidhiKarya and Lawvedic. Here is the list of Top 10 competitors of MyAdvo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lawyered
Lawyered
2017, Gurugram (India), Acquired
Provider of on road legal assistance platform
$4.1M
62/100
2nd
Logo for MyAdvo
MyAdvo
2015, Gurugram (India), Seed
Online marketplace to book lawyers
$1.91M
48/100
3rd
Logo for VidhiKarya
VidhiKarya
2016, Bengaluru (India), Unfunded
Online marketplace for legal services
-
-
33/100
4th
Logo for Lawvedic
Lawvedic
2016, Faridabad (India), Unfunded
Provider of online legal marketplace
-
-
27/100
5th
Logo for Thegavel
Thegavel
Ranga Reddy (India), Unfunded
Provider of a digital platform offering online access to legal services
-
-
24/100
6th
Logo for Advacto
Advacto
2016, Lucknow (India), Unfunded
Platform offering legal marketplace
-
-
24/100
7th
Logo for CacsAdvocates
CacsAdvocates
2019, Gurugram (India), Unfunded
Online legal marketplace provider for legal professionals
-
-
24/100
8th
Logo for Lawzapo
Lawzapo
2023, Mumbai (India), Unfunded
Online lawyer listing platform
-
-
24/100
9th
Logo for Legalcollars
Legalcollars
Kanpur (India), Unfunded
Provider of online platform connecting businesses with legal and financial services
-
-
24/100
10th
Logo for VcourTs
VcourTs
2013, Hyderabad (India), Unfunded
Lawyers booking platform
-
-
24/100
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MyAdvo's Latest cap tables and shareholding

Founders (largest shareholder) own 49.88%, Funds own 14.36%, Enterprises own 8.51% and Angels own 18.37%. The net worth of MyAdvo's founders is INR 23.1Cr as of Feb 01, 2020.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
49.88%
23.1Cr
6828395
5863318
1872666
9590739
5741647
6636249
3130878
5466594
2519900
1453376
Fund
14.36%
6.65Cr
9861651
7311764
1228465
8307756
4882826
3562053
5761950
3683537
7086627
2886204
Enterprise
8.51%
3.96Cr
6052207
3643712
3958342
1355492
Angel
18.37%
8.53Cr
9917552
1377208
6905416
7009348
3126088
7608124
6932580
2450510
8265874
6687769
17
22
85
84
23
94
0
0
0
0
0
0
ESOP Pool
8.80%
4.08Cr
1338984
8541798
2451664
3124425
Total
99.92%
46.3Cr
9043888
7407989
5558617
1134406
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of MyAdvo's Shareholding

MyAdvo's Investments and acquisitions

MyAdvo has made no investments or acquisitions yet.

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