LegalPay has announced the full exit of its commercial litigation financing fund which it started in August 2021 and used to fund late-stage commercial litigation and arbitration across India.
LegalPay has entered into a joint venture with Goldi Solar, acquiring an operational stake in Padmalaya Finserve, a legal and insolvency financing non-banking financial company.
LegalPay has launched Interim Financing Bonds that will allow retail investors to participate in a segment that is largely seen as an arena only for the high-net-worth individuals.
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