{"id":1688,"date":"2020-03-16T09:47:05","date_gmt":"2020-03-16T09:47:05","guid":{"rendered":"https:\/\/jgu.edu.in\/blog\/?p=1688"},"modified":"2020-05-09T09:37:15","modified_gmt":"2020-05-09T09:37:15","slug":"mohit-yadavs-eureka-moment-at-jgls-leads-to-data-intelligence-solutions-start-up-veratech-intelligence","status":"publish","type":"post","link":"https:\/\/jgu.edu.in\/blog\/2020\/03\/16\/mohit-yadavs-eureka-moment-at-jgls-leads-to-data-intelligence-solutions-start-up-veratech-intelligence\/","title":{"rendered":"Mohit Yadav\u2019s \u2018eureka moment\u2019 at JGLS leads to data intelligence solutions start-up Veratech Intelligence"},"content":{"rendered":"\n

That slow and\nsteady wins the race has always been the mantra for Mohit Yadav, Jindal Global Law\nSchool (JGLS) alumnus of Batch 2012\u201317. That\u2019s why when his batch-mates were\nfocused on securing prestigious placements in the final year of law school, he\nwas busy building the Minimum Viable Product (MVP) for an idea that was his\nbrainchild. Interestingly, the idea struck him during a \u2018watershed moment\u2019 of\nhis JGLS journey. The potent blend of that idea, his conviction, and the\nsupport he got then shaped his highly successful venture Veratech Intelligence.\nA tech enthusiast by passion and a lawyer by chance, he discovered the combination\nthat clicked. <\/p>\n\n\n\n

Mohit says he\npicked law as an academic option, perchance. However, law schools enabled him\nto productively pursue his deep-rooted interest in technology. During his time\nat Dr. Ram Manohar Lohiya National Law University (RMLNLU), Lucknow he worked\non a CLAT prep website with his peers. His interest in tech-based projects received\nfurther encouragement at 91̽»¨ (JGU). But that didn\u2019t\nmean his penchant for excellence in law was compromised in any way. As a\nstudent, he received 100% scholarship for all five years of the law school, and\ngraduated in top 10% percentile of his class. He had what it takes for a\nsuccessful law career; he simply utilized those skills in the tech industry. <\/p>\n\n\n\n

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As he gained legal\nacumen, Mohit\u2019s personal interest remained steadfast. In fact, throughout his\ntime at JGU he was constantly involved with projects at the interface of law\nand technology. His eureka moment came during an elective class with Professor\nArjya Majumdar. It struck him that the entire process of due diligence, that is\ncrucial to corporate law, could be automated. \u2018The clinical course on Advanced\nCorporate Law made me realize what an absolute drudgery due diligence was. It\nwas also during this course that I decided that we could automate the entire process,\u2019\nhe says looking back at the turning point in his career.<\/p>\n\n\n\n

With backing from Professor Majumdar and Prof Aditya Swarup, Mohit began his research about the product and its market. He then roped in his co-founder Mayank Sharma, an engineer, to embark on the crucial stage of building the MVP. \u2018I basically gave him the gist of how we will become millionaires over the summer break. Two and half years later we were living the dream,\u2019 he shares with a chuckle. It was an excruciating two-year wait to develop the product but with constant support from the faculty, he made it through. It was the firm faith in his idea and perseverance that paid off when Veratech Intelligence was born. <\/p>\n\n\n\n

It\u2019s extremely commendable that Veratech came into being without external funding support as technology solutions were completely developed in-house. It is a data intelligence organization that provides technology-based, intelligent multiple data services with 100% accuracy. One of their flagship projects deals with providing users with a comprehensive overview of companies with useful insights. \u2018We tell our clients you give us a name of an Indian company and we can tell you everything about it. Not just things that are, but things that aren\u2019t and should be,\u2019 says Mohit about the crucial preliminary due diligence service his company offers.<\/p>\n\n\n\n

While he may not\nbe practicing law himself, Mohit is making life easier for lawyers by saving\nthem time and effort so that they can channel their energy on the analytical\naspect of their work. Throughout his journey as a student and then as co-founder\nof a successful venture, he managed to bring his passion for technology and knowledge\nof law together. He dabbled in contract automation with Kagzaat.com and tried\ndeveloping apps containing notes on law subjects. \u2018What I loved about the\nsupportive ecosystem of JGLS is that it enabled me to pursue anything on a whim without having to worry about\nstuff like market size, return on investment, and all that goes into building a\nbusiness,\u2019 he remembers fondly. The firm belief in his dream was one crucial\nfactor that helped Mohit build a successful business.<\/p>\n","protected":false},"excerpt":{"rendered":"

That slow and steady wins the race has always been the mantra for Mohit Yadav, Jindal Global Law School (JGLS) alumnus of Batch 2012\u201317. That\u2019s why when his batch-mates were focused on securing prestigious placements in the final year of law school, he was busy building the Minimum Viable Product Continue Reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":1690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":["post-1688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alumni"],"_links":{"self":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts\/1688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/comments?post=1688"}],"version-history":[{"count":2,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts\/1688\/revisions"}],"predecessor-version":[{"id":1888,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/posts\/1688\/revisions\/1888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/media\/1690"}],"wp:attachment":[{"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/media?parent=1688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/categories?post=1688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jgu.edu.in\/blog\/wp-json\/wp\/v2\/tags?post=1688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}