DOQFY

Bengaluru-based DOQFY Internet Private Limited, founded in 2019, operates as a business-to-business Software-as-a-Service (SaaS) platform focused on contract lifecycle management. The company was established by Aditya Pandranki, Manjula Rao, and Madhu Pusarla to address the inefficiencies of traditional, manual contract processes. Pandranki, the CEO, brings over 18 years of experience in the IT industry and several years in the banking sector, a background that provided a solid foundation for tackling legal documentation challenges. Rao, the Co-Founder and COO, has a diverse background with experience in banking consultancy at HSBC, retail assets management at HDFC Bank, and human resources. This combined expertise shaped DOQFY's mission to digitize and streamline contract workflows.

The company's cloud-based software enables users to create, sign, track, and manage contracts in real-time. It caters to a wide range of clients, from small and medium-sized businesses to large enterprises, across various sectors including banking, legal, real estate, and healthcare. Marquee customers include HDFC Bank, Bajaj Finserv, Swiggy, Meesho, and Unacademy. DOQFY's business model is subscription-based, offering a full-stack solution that simplifies compliance and contract management. The platform generates revenue through its comprehensive suite of services aimed at reducing the costs and complexities associated with legal compliance.

DOQFY’s platform offers a robust set of features designed to automate the entire contract lifecycle. It provides a library of over 1200 legally curated and customizable document templates. Key functionalities include contract creation, negotiation through a collaborative environment, e-stamping for any Indian state, and legally compliant e-signatures via Aadhaar-based authentication and Digital Signature Certificates (DSC). The system is designed to be user-friendly, with features like drag-and-drop functionality and guided wizards. It also includes contract health monitoring with automated alerts for renewals and deadlines to mitigate legal risks. Security is a core component, with TLS/SSL encryption and regular security audits to protect user data. Since its inception, DOQFY has raised a total of $1.99 million over six funding rounds, with its latest seed round in July 2023.

Keywords: contract lifecycle management, SaaS, legal technology, e-signature, e-stamping, compliance management, document automation, contract execution, digital signature, workflow automation, legal-tech, B2B software, contract management software, Aditya Pandranki, Manjula Rao, contract compliance, digital documentation, Bengaluru startup, Indian SaaS, legal ancillary services, document management, business process automation