As I'm spending the evening wading through a PhD thesis on the dreadful wrongs of DRM, it seems mildly amusing to note in passing that where the shock troops of Creative Commons have failed, the market might just decide that DRM isn't a selling point anyway. The article makes the concise point (from the Wall St JOurnal) that pirate files get out via P2P or burned CDs anyway; so DRM doesn't stop illegal piracy, it just makes buying legal downloads more awkward - thereby alienating exactly the customers you most want to pander to.
Back to the battlefield..
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Legal process outsourcing industry forms a part of the knowledge process outsourcing industry. Under this arena, the legal jobs are outsourced by the law firms (primarily) based out of foreign countries like US, UK and other European countries where skilled labor (lawyers) costs are very high.……
Venture Capital: Recent Funding in Indian LPO
Recently, Sanshadow Consultants, an LPO firm operating from Delhi, providing technical support related to intellectual property issue and also covering pre-filing activities, prior art searching of patents, analysis and strategic report received strong investment from the Band of Angels, a group of successful entrepreneurs who invest in start up or early stage ventures. Band of angels has ensured to bring together highly successful entrepreneurial guidance for the LPO vendor to increase the potential of creating values. Apart from that, the band provides access to mentoring, its vast network and inputs on strategy as well as execution. One of the members from the band would sit on the board of the company. The company also offers strong investment opportunity as it is built on a niche and scalable model. It provides services to overseas market like US and Europe.
Rakesh Jhunjhunwala, a leading investor in the country, has picked up a stake in the Mumbai-based Inventurus Knowledge Solutions for $5.5 million. The company has recently been set up and provides services in the verticals of healthcare and legal process outsourcing. In the legal processing arena, the company is going to focus on IP, litigation support and financial transactions. Inventurus, which was floated by four industry veterans, has a 25-seater office in suburban Mumbai and plans to increase the number of seats to 1000. The company is still in the process of hiring lawyers and other professionals to execute the projects which have already been acquired.
TO LEARN MORE ABOUT THE MATTER, PLEASE EMAIL AT parnamipankaj@gmail.com with the subject – LPO CONSULTING!!
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