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Nyai - About the company

Nyai is a seed company based in Pune (India), founded in 2025 by Vikrant Labde and Chinmay Bhosale. It operates as a Developer of an AI platform for legal document creation and analysis. Nyai has raised $1.5M in funding. The company has 420 active competitors, including 33 funded and 9 that have exited. Its top competitors include companies like Relativity Technologies, Epiq and Wordsmith.

Company Details

Developer of an AI platform for legal document creation and analysis. The platform offers tools for summarizing documents, generating contracts, and conducting legal research. It also provides features for risk assessment and streamlining legal operations. The platform is designed to assist legal teams with automating tasks and gaining insights.
Website
nyai.ai
Email ID
*****@nyai.ai
Registered Address
Flat No A-1401, The Palladium, S No 20/2, Kothrud, Pune, Pune City, Maharashtra, India, 411038
Key Metrics
Founded Year
2025
Location
Pune, India
Stage
Seed
Total Funding
$1.5M in 1 round
Latest Funding Round
Ranked
Employee Count
28 as on May 31, 2026
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Nyai's funding and investors

Nyai has raised a total funding of $1.5M over 1 round.

Here is the list of recent funding rounds of Nyai:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 04, 2026
8877381
Seed
3934894
5578085
9642584
3172389
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Nyai's founders and board of directors

Founder? Claim Profile
The founders of Nyai are Vikrant Labde and Chinmay Bhosale.
Here are the details of Nyai's key team members:

Nyai's employee count trend

Nyai has 28 employees as of May 26. Here is Nyai's employee count trend over the years:
Employee count trend for Nyai
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Nyai's Competitors and alternates

Top competitors of Nyai include Relativity Technologies, Epiq and Wordsmith. Here is the list of Top 10 competitors of Nyai, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Relativity Technologies
Relativity Technologies
1997, Raleigh (United States), Acquired
Developer of AI-powered software for legal data management and analysis
$136M
69/100
2nd
Logo for Epiq
Epiq
1988, New York City (United States), Acquired
Provider of legal and compliance services integrating people, process, and technology
-
67/100
3rd
Logo for Wordsmith
Wordsmith
2023, New York City (United States), Series B
Developer of software for automating legal request intake and review
$114M
65/100
4th
Logo for Definely
Definely
2017, London (United Kingdom), Series B
Developer of software tools for reviewing and drafting legal contracts
$42.5M
62/100
5th
Logo for Legl
Legl
2015, London (United Kingdom), Series B
Provider of software for legal compliance and client onboarding workflows
$25M
61/100
6th
Logo for Genie Assistant
Genie Assistant
2017, London (United Kingdom), Series A
Provider of AI tools for legal document drafting and review
$20.6M
61/100
7th
Logo for eBrevia
eBrevia
2011, Stamford (United States), Acquired
Machine learning to automate contract review in due diligence, lease abstraction, contract mgmt, & doc drafting.
$4.27M
58/100
8th
Logo for Casetext
Casetext
2013, San Francisco (United States), Acquired
AI-based legal research assistant
$67.8M
58/100
9th
Logo for Ivo
Ivo
2022, San Francisco (United States), Series B
AI powered legal contract review software
$77.2M
58/100
10th
Logo for Flank
Flank
2019, Berlin (Germany), Series A
Provider of AI agents automating legal, compliance, and infosec tasks
$10M
58/100
45th
Logo for Nyai
Nyai
2025, Pune (India), Seed
Developer of an AI platform for legal document creation and analysis
$1.5M
-
31/100
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Nyai's Investments and acquisitions

Nyai has made no investments or acquisitions yet.

Reports related to Nyai

Here is the latest report on Nyai's sector:

News related to Nyai

Media has covered Nyai for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Nyai

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