Jaideep Kewalramani

COO, TeamLease EdTech · 1 appearance on the record.

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Before joining TeamLease EdTech, he served as CEO and Director of legal and compliance management firm Legasis Services, alongside leadership roles at Thomson Reuters and Zensar Technologies. He focuses on bridging industry-academia skill gaps and holds multiple artificial intelligence patents.

11statements → 8claims → 0claims resolved → 3.55/5average certainty → 1.09/5average debate potential →

8 not checkable as stated how the 8 claims stand · each chip opens the sources

1 prediction · 7 assertions · 3 disclosures · every statement was checked. The prediction and assertions are the 8 claims: statements the public record can support or contradict. 0 are resolved, and 8 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Jaideep argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Jaideep Kewalramani on measured tape to publish a rate. This says nothing about how they speak.

What they said11 Episodes1

Everything Jaideep Kewalramani said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated

Legasys beats Big Four accounting firms in most head-to-head deals

“There are times when we win against the big fours as well. In fact not a few times, most of the times we win against the big four.”

Jaideep Kewalramani Mar 1, 2020 ▶ 12:40 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Prediction Not checkable as stated

Legasys revenue will shift from 85 percent one-time toward SaaS

“So in the last two months, I would say the breakup is roughly between 85% one time and 15% SaaS, but the number is going to shift towards the SaaS model in the coming years.”

Jaideep Kewalramani Mar 1, 2020 ▶ 2:33 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Disclosure

Legasys SaaS business has 12 clients averaging 20 seats each

“We've got about a dozen clients, and on an average, each client would have a user base of say 20 users, depending on the Size and the nature of the business that they have.”

Jaideep Kewalramani Mar 1, 2020 ▶ 4:01 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Assertion Not checkable as stated

Legasys generates $5M to $6M in total annual recurring revenue

“We are somewhere between five to six million dollars all put together each year.”

Jaideep Kewalramani Mar 1, 2020 ▶ 5:54 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Assertion Not checkable as stated

Legasys serves about 500 customers in India and clients in 44 countries

“All put together. We have about 500 customers in in India, which is the primary market we serve today. And we are, we also serve customers in 44 other countries, but they have strong links back to India as their primary market.”

Jaideep Kewalramani Mar 1, 2020 ▶ 7:27 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Assertion Not checkable as stated

Legasys revenue remained flat year-over-year due to Indian tax reforms

“We were more or less in the same zone a year ago because the Indian economy had some strong headwinds in terms of regulatory changes, especially on the taxation side.”

Jaideep Kewalramani Mar 1, 2020 ▶ 9:38 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Disclosure

Legasys plans to raise a $5M bridge round for product development

“So we've set aside some about five million as a bridge round before we go in for a bigger raise, and we would like to use that capital for funding some of the product development and sales expansion.”

Jaideep Kewalramani Mar 1, 2020 ▶ 11:18 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Assertion Not checkable as stated

Legasys generates an EBITDA margin between 12 and 20 percent

“It could range anywhere from 12 to 20% EBITDA.”

Jaideep Kewalramani Mar 1, 2020 ▶ 14:34 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Disclosure

Legasys charges a flat $9 per user monthly

“Roughly about, say, nine dollars per user per month. And we do not distinguish between the type of users. So whether you're a general counsel or a company secretary or a regular compliance user or someone who's just kind of reporting the compliance of the syst…”

Jaideep Kewalramani Mar 1, 2020 ▶ 3:01 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Assertion Not checkable as stated

Legasys historically raised around $2M in total equity funding

“I think all put together I mean, not be correct with my numbers because it was many, many years ago. I suspect in the range of say, two million dollars or so.”

Jaideep Kewalramani Mar 1, 2020 ▶ 10:54 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Assertion Not checkable as stated

Legasys employs over 100 people, mostly with legal backgrounds

“So we're a little over a hundred mostly people who have a law background.”

Jaideep Kewalramani Mar 1, 2020 ▶ 13:06 1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round

Appearances (1)

Episode	Date	Speaking time
1681 Why This $5m Legal Compliance Software is Looking for a $5m Bridge Round	Mar 1, 2020	8m

Jaideep Kewalramani

The record, in short

How they sound: not measured why? →

Appearances (1)

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