Compliance Software Startup 'Complinity' raises USD 750,000 from RiSo Capital and other investors

Non-compliances with laws are fraught with the risk of heavy monetary penalties, interest on delayed payments, imprisonment of directors or key managerial personnel, license cancellation and reputational impact. Complinity helps businesses establish a centralized Compliance Monitoring Framework across different locations of an organization with real-time automated legal updates, alerts, escalations, workflows, dashboards and document management. Mahendra Jain, General Partner, RiSo Capital added, "The Complinity founders and team carry a rich experience in Technology, Legal and Business and were super excited to be part of their growth journey. Complinitys integrated true-cloud B2B SaaS Platform helps businesses digitize, automate and manage their risk & compliance with real time legal updates across all laws applicable to the organization. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.