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First of its kind, JusTech (Justice Tech) firm Jupitice has raised $4m in a Pre-Series A round led by Almas Capital Limited.

It is a known fact that the Indian judiciary is grossly overburdened which had led to mammoth pendency of cases. A Chandigarh-based IT startup has turned to technology to fight the menance. The firm, founded by Raman Agarwal, came up with an online private digital court 'Jupitice' to resolve commercial and civil cases through various alternative dispute resolution (ADR) mechanisms.

Using this technology platform, thousands of commercial and civil cases filed on the Jupitice platform can be resolved through various ADR mechanisms like Arbitration, Conciliation, Negotiation, Mediation and ODR (Online Dispute Resolution) methods.

Raman Aggarwal, told India Today that the judiciary in India is overburdened and almost 4.5 crore cases are pending. By adopting this online system, about 85 per cent cost and time of regular court cases could be saved, Aggarwal said.

In a recent development, the firm has raised $4m in a pre-series A round from Almas Capital. The funds raised will be utilised in product development and global marketing. Almas Capital, also known as Almascaps, manages its fund management company--Almas Global Opportunity Fund--in the Cayman Islands.

Recently, Jupitice presented its platform to the members of APEC (Asia-Pacific Economic Cooperation), an inter-governmental forum for 21 member economies in the Pacific Rim.