Z47 adopts Lucio to strengthen Legal Operations

Z47, one of India’s leading venture capital funds, has partnered with legal AI platform Lucio to support its deal-making and compliance workflows.

Z47 navigates heavy deal flow, increasing regulatory scrutiny, and diverse compliance needs; all while managing multiple stakeholders across jurisdictions. By integrating Lucio, Z47 is positioning its legal function to keep pace with its expanding investment portfolio.

Z47’s legal team is embracing next-generation legal technology to handle the scale, complexity, and foresight that modern venture capital investing demands.

Founded in 2006, Z47 backs companies from seed to series A, with investments in startups that went on to become market leaders, including Ola, Razorpay, OfBusiness, and Five Star Business Finance. The fund’s legal team, led by Mayukh Datta, has deployed Lucio for drafting, contract review, compliance, and legal analysis.

On this development, Ashwin Pandian, Associate VP at Z47, said

“High-quality, forward-looking legal support is critical to venture capital investing. Lucio not only adds to our speed and accuracy, but also strengthens our ability to anticipate risks, advise on strategy, and streamline routine tasks such as contractual review and drafting. Its ease of use and personalisation set it apart from global legal AI providers during our benchmarking, and its steady improvements assure us that we remain future-ready.”

Vasu Aggarwal, Co-Founder of Lucio, added,

“We are delighted to partner with Z47. VC investing is dynamic and complex, requiring on-point legal insights, not just fast execution. With Z47, we see a team reimagining in-house legal work, and their trust validates our mission to deliver accessible innovation at speed.”

Lucio’s adoption-first philosophy has made it a trusted partner for leading law firms and in-house legal teams. Used by over 200 enterprise clients across 8 jurisdictions, Lucio simplifies complex legal processes, while enabling a deeper, more proactive approach to legal practice.

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