Reimagining the future of dispute resolution via India’s first E-ADR Challenge
As part of India?s first E-Alternate Dispute Resolution (E-ADR) Challenge, launched by Humlab and ICICI Bank, Kolkata-based team ODRWays has been selected to build an ADR platform to resolve disputes at scale.
- Also read: This husband-wife duo shut their first startup to power the top three law and financial firms in IndiaTo find a solution to this problem, the E-ADR Challenge – launched by HumLab and ICICI Bank in association with Vayam – invited innovators, technologists, legal experts, and social and business leaders to come together to form teams that can propose comprehensive technology-driven solutions to create an E-ADR institution.
- As part of this initiative, ICICI Bank plans to send 10,000 of its disputes for resolution by the EDR Institution, following its launch.
- Alternate dispute resolution platforms could be designed to meet the needs of this huge segment of B2B and B2C transactions.