Riverus
Riverus Technology Solutions Pvt. Ltd. is a legal technology company based in Mumbai, India, specializing in contract lifecycle management (CLM) solutions. Founded in 2017, the company offers an AI-powered platform designed to automate contracting processes, enabling enterprises to manage and mitigate contract risks effectively. Their flagship product, the Riverus Contracts Platform, provides features such as contract creation from templates, smart annotations for collaboration, analysis of deviations from contract policies, benchmarking of new contract clauses against past contracts, and integration with various signature providers. The platform is offered as a Software as a Service (SaaS) solution, deployed on AWS cloud, and is powered by artificial intelligence and machine learning technologies. Riverus serves sectors requiring contract management and legal compliance, including corporate legal departments and businesses with contracting needs. The company is privately held and has a team size of 11-50 employees. The headquarters are located at 408, A Wing, Dalamal Towers, Free Press Journal Marg, Nariman Point, Mumbai- 400021, India.
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Product Overview
Riverus is a technology company specializing in contract lifecycle management (CLM) solutions within the legal technology sector. Founded in 2017 and headquartered in Mumbai, India, Riverus offers a cloud-based platform that leverages artificial intelligence and machine learning to automate various stages of the contracting process. Their flagship product centralizes contracts in a single repository, extracts key data, and highlights risks to improve compliance and operational efficiency. Designed for enterprise legal and business teams, Riverus aims to transform contracts from static documents into dynamic assets that support business objectives.
Features
- AI-Powered Contract Intelligence: Uses machine learning to automatically extract metadata and key clauses, flag risky language, and generate insights that accelerate review and decision-making.
- Centralized Contract Repository: Stores legacy and current contracts in a searchable, structured repository with version control and access management.
- Collaborative Contracting Tools: Supports internal and external collaboration on contract drafting and negotiation, including shared editing and templates.
- Pre-Contract and Post-Signature Modules: Includes tools like Riverus Stylus for template-based drafting and Riverus Umbrella for post-signature tracking of obligations, renewals, and contract performance.
- Automated Workflows and Alerts: Enables role-based workflows, task assignments, and automated reminders for renewals, obligations, and milestones.
- Contract Risk Management: Integrates enterprise policies into contract drafting and flags deviations and potential compliance risks based on historical data.
- Analytics and Reporting: Provides dashboards and scorecards that summarize contract health, performance metrics, and risk exposures.
Company Details
- Headquarters
- 🇮🇳 Mumbai, India
- Founded
- 2017
- Type
- Legal Tech Vendor
- Founders
- Dipankar Bandyopadhyay, Juieen Nag, Anil Gudibande