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LegalTech Start-Up Legal Centric Seeking Investment to Create Digital Legal Platform for Indonesia

06-17-2020 02:24 PM CET | IT, New Media & Software

Press release from: Legal Centric

LegalTech Start-Up Legal Centric Seeking Investment to Create

HONG KONG AND JAKARTA - Legal Centric Indonesia, a fast-growing digital legal resources provider, announced today that it will be seeking further investment to accelerate its growth in the dynamic Indonesian legal, tax, and regulatory space.

Legal Centric started its web-based bilingual legal and tax information services in 2016 and has seen exceptionally strong growth since its launch. The start-up has a vast database of Indonesian laws and is the premier provider of bilingual (English and Indonesian languages) legal and tax information for the country.

Legal Centric has already achieved strong market share with the leading law and accounting firms in the market and is seeking investment to expand its services to the wider corporate market and branch out into related areas, creating a broad digital legal and regulatory resources platform for Indonesia.

Industry experts predict that Indonesia’s digital economy will grow from US38 billion in 2020 to more than US125 billion in 2025. Indonesia is at a nascent stage of digitization, with less than 50% of the adult population using a smartphone.

“E-commerce is set to increase eightfold between 2017 and 2022 and cloud computing and services are just beginning to take off. We have reached less than 5% of the market for digital legal information and have yet to address related verticals or resources. The Indonesian market presents a tremendous opportunity for us,” according to Craig Calkins, a principal with Legal Centric.

Jakarta Office:
PT Legal Centric Indonesia
Graha Iskandarsyah, 5th Fl,
Jl. Iskandarsyah Raya No. 66C,
Jakarta Selatan 12160
Indonesia
Tel: +62-21-270 2383
Email: support@legalcentric.com

Contact:
Matthew Sullivan
T: +61 411 387 128
E: matthew.sullivan@legalcentric.com

About Legal Centric

Legal Centric Indonesia is a leading legal, tax and regulatory information provider for Indonesia. The company provides its bilingual online information services through its advanced digital platform at legalcentric.com, backed up by a growing team of professional staff based in Jakarta. The business started in 2016, is profitable and seeing strong growth. Legal Centric is Hong Kong owned and is permitted to operate in Indonesia.

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