Niyam - About the company
Niyam is a seed company based in Gurugram (India), founded in 2024. It operates as a Developer of an artificial intelligence legal assistant that provides research, drafting, and citation verification tools for legal professionals. Niyam has raised $158K in funding from investors like Jindagi Live, BNK Capitals and Faad Capital, with a current valuation of ₹*****. The company has 747 active competitors, including 61 funded and 11 that have exited. Its top competitors include companies like Harvey, Relativity Technologies and Epiq.
Company Details
Developer of an artificial intelligence legal assistant that provides research, drafting, and citation verification tools for legal professionals. The platform enables users to search statutes and judgments, generate contract drafts, and verify the status of legal precedents. It provides cited answers grounded in primary legal sources to assist with case law research, contract review, and matter management.
- Website
- niyam.ai
- Social
- Email ID
- *****@niyam.ai
- Registered Address
- UnitNo935,9 Floor,TowerB3, SpazeI,Techpark,Sector49, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018
Key Metrics
Founded Year
2024
Location
Gurugram, India
Stage
Seed
Total Funding
$158K in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Jan 10, 2026
Investors
Ranked
77th among 747 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3 as on Sep 30, 2026
Legal entities associated with Niyam
Niyam is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NIYAM.AI APP PRIVATE LIMITED CIN: U47413HR2024PTC125678 , India, Active | Oct 22, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
TINYCHEQUE VENTURES PRIVATE LIMITED CIN: U70200HR2023PTC113358 , India, Active | Jul 17, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Niyam's funding and investors
Niyam has raised a total funding of $158K over 1 round. Its latest funding round was a Seed round on May 07, 2024 for ₹*****. 28 investors participated in its latest round. Niyam has 8 institutional investors and 21 angel investors.
Here is the list of recent funding rounds of Niyam:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 07, 2024 | 7509205 | Seed | 2843587 | 3115324 | 4699625 | 6794787 |
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Niyam's founders and board of directors
Founder? Claim ProfileHere are the details of Niyam's key team members:
- Udit Goenka: CEO of Niyam. They serve on the board of 1 company.
Niyam's Board of Directors
Niyam's board has 2 active members. Udit Goenka is part of team and Sudhir Goenka is independent board member.Here is the list of Niyam's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
sckzjlw | Team | - | Current | 2y 2m |
Independent board member | - | Current | 3y 1m |
View details of Niyam's Founder profiles and Board Members
Niyam's employee count trend
Niyam has 3 employees as of Sep 26. Here is Niyam's employee count trend over the years:
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Niyam's Competitors and alternates
Top competitors of Niyam include Harvey, Relativity Technologies and Epiq. Here is the list of Top 10 competitors of Niyam, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Harvey 2022, San Francisco (United States), Series G | Provider of an AI software for legal and professional services | $1.22B | 74/100 | |
2nd | Relativity Technologies 1997, Raleigh (United States), Acquired | Developer of AI-powered software for legal data management and analysis | $136M | 68/100 | |
3rd |  Epiq 1988, New York City (United States), Acquired | Provider of legal and compliance services integrating people, process, and technology | - | 67/100 | |
4th |  Wordsmith 2023, New York City (United States), Series B | Developer of software for automating legal request intake and review | $114M | 64/100 | |
5th | Developer of agentic software for automating complex legal work tasks | $866M | 64/100 | ||
6th |  BRYTER 2018, New York City (United States), Series B | Provider of an AI productivity suite and workflow automation platform | $90M | 62/100 | |
7th |  GC AI 2023, San Francisco (United States), Series B | Provider of in-house legal AI | $71.5M | 62/100 | |
8th | Legl 2015, London (United Kingdom), Series B | Provider of software for legal compliance and client onboarding workflows | $25M | 61/100 | |
9th | Provider of an AI platform for legal research, drafting, and analysis | $15M | 60/100 | ||
10th | Big Data for legal research analytics | $13.8M | 59/100 | ||
77th | Developer of an artificial intelligence legal assistant that provides research, drafting, and citation verification tools for legal professionals | $158K | 36/100 |
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Niyam's Latest cap tables and shareholding
Founders (largest shareholder) own 79.21%, Funds own 1.33%, Enterprises own 0.52% and Angels own 2.95%. The net worth of Niyam's founders is INR 45Cr as of Jan 10, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 79.21% | 45Cr | 9335699 | 2763402 | 2340735 | 4344687 |
Fund | 1.33% | 75.6L | 8 | 6 | 8 | 1 |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.52% | 29.7L | 0 | 0 | 0 | 0 |
Angel | 2.95% | 1.67Cr | 84 | 80 | 14 | 85 |
Other People | 0.14% | 8.1L | 0 | 0 | 0 | 0 |
ESOP Pool | 15.84% | 9Cr | 2276530 | 8335183 | 7361508 | 7543148 |
Total | 100.00% | 56.8Cr | 1026177 | 4367161 | 8124968 | 2899195 |
To unlock detailed Cap Table of Niyam Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
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Niyam's Investments and acquisitions
Niyam has made no investments or acquisitions yet.
Reports related to Niyam
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