LQ GLOBAL SERVICES PRIVATE LIMITED

Business Overview

• LQ Global Services Pvt Ltd operates as LegitQuest, described as "India's Largest Legal Intelligence Platform." Core products: (1) Legal Research Tool — Gen-AI powered research over judgments/statutes/regulations dating to 1837, (2) LIBIL® — litigation intelligence and legal due-diligence tool covering 500M+ legal records across 10,000+ courts, (3) Patrol® — case-management/litigation-tracking system with real-time monitoring, and ZaiAN, a generative legal-AI product.
• Claims 35M+ companies/legal entities and 1B+ individuals covered, 500,000+ new records added daily.
• Certified ISO 9001:2015, ISO 20000-1:2018, ISO 27001:2022
• CERT-In empanelled.
• Serves law firms, corporate legal departments, judiciary, financial institutions and universities, across sectors incl. background verification, banking, real estate, fintech, insurance.
• Founded by Karan Kalia (CEO) and Himanshu Puri (COO) to modernize India's "vast and complex" legal system.
• Backed by an advisory board including retired justices/legal experts, names not obtained.
• Sources: legitquest.com, tofler.in.

Sector & Classification

Other service activities — legal translation services, licensing services for right to use databases, data processing/hosting and related activities, web portals (Tofler business-activity description; explicit NIC code not obtained)

Directors & Key Management

GST Registrations

Not obtained. PAN AADCL2165R is confirmed (Tofler), but individual GSTIN records could not be retrieved this session — knowyourgst.com, findgst.in and mastersindia.co lookup pages returned 404/blocked results, and no GSTIN appeared on Tofler's public page. Primary GSTIN, home state, number of registrations, and registration status: not obtained.

Financials

• Partial — absolute figures are gated behind Tofler Pro.
• Tofler, standalone basis, shows: FY2022-23 operating revenue in the ₹1–10 crore band, one fetch also showed a broader "₹1 Cr–₹100 Cr" range label — flagged as a source-internal inconsistency, not reconciled.
• Year-over-year change figures "as of Mar 2025" reported by Tofler: Total Revenue −77.37%, EBITDA −781.67%, Net Profit −942.15%, Net Worth −352.97%, an earlier Tofler view stated net worth declined 88.21% for the prior period — the two YoY figures are not fully consistent and likely reflect different reference periods, Borrowings: none reported, Total Assets +43.38%.
• No absolute rupee figures for revenue/EBITDA/PAT/net worth/borrowings were obtainable without a paid subscription.
• Latest audited FY and exact date not confirmed.

Funding History

• Partial/unverified — a single fetch of legitquest.com's homepage content surfaced: Info Edge invested ~INR 4 crore in November 2024, with Waterbridge Ventures also participating, and a reference to "$660,000 raised in an ongoing round" as of December 2024.
• This could not be corroborated on a second pass, Entrackr site search for "LegitQuest" returned no matching articles this session; Inc42 and Crunchbase pages did not yield confirming content — Crunchbase returned 403.
• Given single-source origin and no independent confirmation, treat these figures as unconfirmed pending a dedicated funding-database check, Tracxn round names, VCCEdge, or Entrackr/Inc42 archive search.

Shareholding

• Not obtained in detail. Tofler identifies only two director-shareholders — Karan Kalia and Himanshu Puri — with no percentage breakdown disclosed on the public page. No other shareholders/entities identified.

Loans & Charges

• None found. Tofler states: "As per information available, the company has no registered charges.", single source; treated as confirmed absence based on registry-derived data Tofler publishes.

Credit Ratings

• Not obtained.
• No CRISIL/ICRA/CARE rating found for this entity.
• Note: Tofler displays an internal "Tofler Score" of "Poor" — this is Tofler's own proprietary scoring metric, NOT an official credit rating agency assessment, and should not be conflated with CRISIL/ICRA/CARE ratings.

Legal & Compliance

• None found.
• An Indian Kanoon search for "LQ Global Services Private Limited" returned no cases with the company as a named party, results matched unrelated companies/individuals.
• Search was not exhaustive, only first page of ~26 results reviewed, so absence is not fully conclusive.

Competitive Landscape

• Based on general market knowledge of India's legal-research/legal-intelligence sector, not directly source-verified this session, since legitquest.com pages did not name competitors and further web search was unavailable — budget exhausted: SCC Online (EBC) — large, incumbent legal database, large scale
• Manupatra — large, incumbent legal research platform
• Casemine — AI-driven legal research, mid scale
• Indian Kanoon — free legal search engine, large reach/low monetization
• Westlaw India, Thomson Reuters, — large global-backed scale
• VLex India — mid scale, international backing. Flag: this list should be re-verified with a dedicated source before publishing as fact.

Frequently Asked Questions

Sources

tofler.in/lq-global-services-private-limited/company/U93090DL2017PTC310764 (identity, directors/DINs, capital, address, financial YoY %, no-charges statement, Tofler Score); legitquest.com (homepage, /about, about-us via redirect) — business overview, leadership/founder roles, certifications, funding mention (unverified elsewhere); indiankanoon.org search — legal-case absence check. Attempted but blocked/404/no-data: thecompanycheck.com (404 on multiple URL guesses), falconebiz.com (homepage only, no record surfaced), knowyourgst.com/findgst.in/mastersindia.co (GSTIN lookups 404), entrackr.com and inc42.com (no matching funding articles), crunchbase.com (403 forbidden). WebSearch tool was unavailable for this session (budget exhausted), which limited cross-verification, especially for funding and competitors.