Indian litigation funder LegalPay is backing logistics company Brains Logistics in its legal efforts to recover outstanding dues of an undisclosed amount from leading two-wheeler manufacturer Hero MotoCorp, according to BusinessToday.In.
Fintech LegalPay has launched an interim finance healthcare-focused fund for retail investors that grants them fractional ownership, for an investment amount as little as Rs 10,000 per opportunity, in asset-backed legal and debt financing asset classes.
LegalPay, India’s first third-party litigation finance company, has announced that it has successfully closed its first arbitration-focused investment vehicle, which will be focused on putting capital into a basket of 8-12 legal cases. It is also now raising funds for a second investment vehicle that will invest in commercial disputes.
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