AI contract reader for Indian freelancers and SMBs

AI contract reader for Indian freelancers and SMBs targets a $2.5B = 50M freelancers and micro/SMBs in India × $50 ACV per business (simple contract review or low-cost subscription) total addressable market with medium saturation and a year-over-year growth rate of 15% YoY — legaltech and AI-assisted document automation markets are growing at ~10-20% (sources: industry reports and legaltech market analyses).

Key trends driving demand: LLM accuracy improvements — better clause extraction and summarization enable productized contract triage at low cost, which creates an opportunity for consumer-grade legal tools.; Rise of gig economy — more freelancers and solo entrepreneurs in India are entering paid-contract relationships and need affordable legal triage.; Shift to self-serve SaaS — small businesses increasingly prefer low-touch, subscription products over expensive law firm reviews for routine contracts.; Regional localization gaps — most incumbents prioritize enterprise features and Western contract norms, leaving localized solutions under-served..