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Online dispute resolution platform CADRE ODR raises $200K

Entrackr · 1d

Online dispute resolution (ODR) platform CADRE ODR has raised $200,000 in an ongoing pre-series A funding round from Aprameya Radhakrishna, Murali Subramanian, Ram Bhamidi, Aneesh Garg, and Rahul Guptan. The proceeds will be used to democratize access to justice, creating an affordable, efficient, and accessible dispute resolution option for businesses and individuals, CADRE ODR said in a press release. Co-founded in 2019 by Kanchan Gupta and Rajneesh Jaswal, CADRE ODR uses advanced technology to offer legally binding, rapid, and cost-effective solutions for commercial and other disputes. The company leverages an AI-driven platform to reduce dispute resolution times to as little as 45-60 days, compared to conventional methods. The company’s platform addresses the critical issue of delayed and costly legal resolutions. CADRE provides a comprehensive, tech-enabled dispute resolution solution with a streamlined legal workflow. It asserts that it has already processed nearly 8,000 cases across banking, securities, employment, and commercial disputes. The company plans to enhance its development of AI-based tools that improve transparency, accuracy, and user experience in dispute resolution. According to the Bengaluru-based company, it is entering both the South African and Australian markets, capitalizing on the surging demand for digital dispute resolution solutions. It has established a strategic partnership with Orington & Partners, an Australia-based consulting firm.