Imagine not having to stand in a queue to receive your rental agreements and sales deeds documents? Instead, it gets delivered at your doorstep for a reasonable amount. There are folks who would give an arm for a service like this. Bangalore based NotaryMama does exactly that. It is a single window service for documentation dealing with affidavits, bonds, deeds, forms, certificates, attestations and registrations of companies. Gireesh Challa, 31, an MCA graduate from PESIT and Prashanth Narayanaswamy, 28, a Masters in Visual Communication from Wigan and Leigh College, UK, are the directors of the company. Gireesh has a total of five years experience in IBM and CEGEDIM as a CRM tools engineer. Prashanth was into Branding and Advertising at O&M and Phantom Ad Agency before starting up with NotaryMama. With experts in Chartered Accountancy, Notary Public and Law for advice, the company was established in November 2013. In fact, to handle the deluge of requests, NotaryMama is planning to hire six more employees this month.
Like most entrepreneurial stories, NotaryMama’s happened because of a personal predicament that happened to Gireesh when he had to submit his rental agreement at his office for HRA. He realised that the service was sloppy and time consuming. He met his future company director and friend Prashanth at a popular pub called Plan B where the idea branched into a company. It was decided that the name of their venture would be NotaryMama.
The founders decided to know every nook and crevice of what they were going to do by reading books and asking experts. Gireesh opines that the going was tough initially and they are still learning the tricks to survive as an entrepreneur. “We want to be a single window service model with home/office delivery options. Our service includes offer legal documentation services such as Agreements, Affidavits, Deeds, and Bonds. We also offer Company Registration Services, Property Documentation Services, Notary Services, Accounting Services, Government Services, Legal Services, Citizen Services and E-Stamps. NotaryMama also procures E-Stamps on behalf of its customers, prepares the legal drafts, gets signature with valid identity proofs and delivers those documents to the customer’s place. All our customer would need to do is order on our website www.NotaryMama.com.”
NotaryMama’s charges range from `10 for E-stamps to `20,000 for property registrations. They are also planning to introduce property verification, its documentation and also a hassle free registration. Automation of documentation services has also started and launch of mobile apps are also underway. In fact, they are also working on citizen-based services like income certificate, caste certificate, birth and death certificates at a client’s doorstep. Although they consider Vakil Search, and Housing.com as their competitors, they believe that their single window platform gives them better leverage. They invested `10 lakh with the help of funds raised from friends and family and recently raised on angel funding of `1 million from an investor they like to call PK. In what would be a fantastic piece of advice for entrepreneurs, Prashanth says “You help others’ upside down is ‘Others help you’”. Planning to break-even in a year, they are currently operational only in Bangalore and are keen to expand their base.