Z47 Adopts Lucio to Strengthen Legal Operations

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

“High-quality, forward-looking legal support is critical to venture capital investing,” said Ashwin Pandian, Associate VP at Z47. “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.”

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.

Vasu Aggarwal, Co-Founder of Lucio, said: “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.”

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.

About Z47

Founded in 2006, Z47 is an investment Firm with more than 150 investments till date and an AUM of over $3.5 billion. Guided by a ‘founders first’ philosophy, Z47 is committed to backing missionary founders leading India to its goal of becoming a developed nation by 2047, prioritizing founders over markets.

Z47’s focus sectors include Financial Services, Consumer, B2B, Advanced Manufacturing and Enterprise AI amongst others. We are proud partners to several Enterprise AI companies; select ones include  AtomicWork, Krutrim, MoEngage, Rocketlane, and Toddle. Other select investments include Dailyhunt, Five Star Business Finance, OfBusiness, Ola, Ola Electric, and Razorpay.

Z47 has offices in Mumbai, Delhi, Bengaluru and GIFT City. For more information, visit www.z47.com or write to newsroom@z47.com.

About Lucio

Lucio is a legal AI platform built to transform legal workflows. With a focus on adoption, ease of use, and rapid innovation, Lucio equips legal teams to draft, research, review, and organise documents with speed and precision. Trusted by leading firms and in-house teams, Lucio helps legal professionals work smarter, not just faster.

Know More: www.lucioai.com or reach out to us at contact@lucioai.com.