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June 22, 2001
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LexSite ties up with ICICI, Smartcc

Fakir Chand in Bangalore

LexSite.com, India's premier destination on the web for comprehensive content on law and taxation, has entered into a strategic alliance with ICICI for payment gateways, and lookforgreen prepaid cash cards of Smartcc for the Internet, respectively.

As per the agreement, ICICI, the leading financial institution, will develop customized financial software for LexSite to ensure smooth financial transactions through its payment gateway.

Subscribers using the ICICI payment gateway will also be ensured of the integrity and privacy of all transactions. The alliances will enable subscribers of LexSite to transact online with utmost security.

In its alliance with lookforgreen, LexSite will now accept the prepaid cash cards from all customers for online e-commerce transactions. These cards are available in denominations of Rs 100, 250, and 500, and will be especially beneficial to subscribers in purchasing LexDrafts (legal documents) online from LexSite. Announcing the alliances here on Thursday, LexSite.com CEO Ananth Nayak said the portal had noticed that though most of the subscription renewals have happened online, subscribers have not yet taken to paying online. The alliances with ICICI and Smartcc are a step further in ensuring smooth, safe and secure online transactions for its customers. The Bangalore-based LexSite.com Ltd is the country's fastest growing legal destination connecting legal professionals, law students, businesses, and eventually consumers with legal information resources and services. LexSite.com offers services such as online libraries, view breaking developments in law, online tax calculator, and a search for lawyers as well as nationwide recruitment opportunities in the legal industry. Founded in June 1999 by Ananth Nayak and Vivek Hurry, LexSite has received investments from Draper, SIDBI and ICICI. The site has also built alliances with leading ISP's like Rolta and online firms like Sharekhan.com and Firstandsecond.com among others. The pre-paid stored value card from Smartcc, lookforgreen is available in denominations of Rs 100, 250, and 500. It is virtually as secure as cash and is the easiest and convenient mode of digital payment. After the consumer chooses lookforgreen as the payment option on the shopping cart, the lookforgreen assistant guides you ensuring smooth and successful transactions. Lookforgreen maintains the buyers and sellers accounts for all the Net-based transactions.

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