Provakil - About the company
Provakil is a funded company based in Pune (India), founded in 2015 by Pulkit Anand, Shashwat Sikka and Akshat Anand. It operates as an AI-powered legal operations software for corporate legal teams and law practices. Provakil has raised an undisclosed amount in funding. The company has 111 active competitors, including 11 funded and 15 that have exited. Its top competitors include companies like Thomson Reuters, Mitratech and Elevate.
Company Details
AI-powered legal operations software for corporate legal teams and law practices. Its platform covers litigation, contracts, compliance, IP, collections, case tracking, and legal workflow automation. It offers Practice management tools for advocates and law firms, including case management, causelists, billing, and client collaboration.
- Website
- provakil.com
- Email ID
- *****@provakil.com
- Phone Number
- +91 **********
- Registered Address
- C-585 Basement, Suite Z-135 Defence Colony, South Delhi, New Delhi, Delhi, India, 110024
Key Metrics
Founded Year
2015
Location
Pune, India
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
8th among 111 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
36 as on Aug 31, 2025
Similar Companies
Legal entities associated with Provakil
Provakil is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PVKL TECH SERVICES PRIVATE LIMITED CIN: U74999DL2017PTC325301 , India, Active | Oct 25, 2017 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 129 (As on May 01, 2026) |
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Provakil's funding and investors
Provakil has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Aug 18, 2020 for $*****. 1 investor participated in its latest round. Provakil has 1 institutional investor.
Here is the list of recent funding rounds of Provakil:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2020 | 2156571 | Grant (prize money) | 6891078 | 8295810 | 7039649 | 1680732 |
View details of Provakil's funding rounds and investors
Provakil's founders and board of directors
Founder? Claim ProfileThe founders of Provakil are Pulkit Anand, Shashwat Sikka and Akshat Anand. Pulkit Anand is the CEO of Provakil.
Here are the details of Provakil's key team members:
- Pulkit Anand: Co-Founder & CEO of Provakil and founder of 2 other companies, Filr and Initio. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Shashwat Sikka: Co-Founder & CBO of Provakil and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Akshat Anand: Co-Founder & CMO of Provakil and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
Provakil's Board of Directors
Provakil's board has 3 active members. Pulkit Anand, Shashwat Sikka and Akshat Anand are part of team.Here is the list of Provakil's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 8m | |
Team | - | Current | 7y 1m | |
Team | - | Current | 8y 8m |
View details of Provakil's Founder profiles and Board Members
Provakil's employee count trend
Provakil has 36 employees as of Aug 25. The total employee count is 33.0% more than what it was in Aug 24. Here is Provakil's employee count trend over the years:
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Provakil's Competitors and alternates
Top competitors of Provakil include Thomson Reuters, Mitratech and Elevate. Here is the list of Top 10 competitors of Provakil, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Thomson Reuters 2008, Toronto (Canada), Public | Cloud based legal enterprise management and data services for businesses | - | 79/100 | |
2nd | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 65/100 | |
3rd | Elevate 2011, Milpitas (United States), Series A | Legal enterprise management platform | $29.4M | 64/100 | |
4th | LawVu 2015, Tauranga (New Zealand), Series A | Legal project management tool | $42.5M | 58/100 | |
5th | Developer of a platform for digital justice and legal operations | $5M | 56/100 | ||
6th | Platform offering legal enterprise management solution | $8.25M | 46/100 | ||
7th | SimpleLegal 2013, San Francisco (United States), Acquired | Legal operations platform streamlining legal processes with AI-powered insights | $11.8M | 44/100 | |
8th | AI-powered legal operations software for corporate legal teams and law practices | - | 44/100 | ||
9th | equivant 1984, Canton (United States), Unfunded | Online legal case management platform | - | - | 43/100 |
10th | Fulcrum 2003, Chicago (United States), Unfunded | Cloud-based legal practice management software provider | - | - | 43/100 |
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Provakil's Investments and acquisitions
Provakil has made no investments or acquisitions yet.
Reports related to Provakil
Here is the latest report on Provakil's geography:
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