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, India’s largest legal and insolvency financier, has launched the country’s first-of-its-kind equity fund Justice and Inclusion (JAI) Fund. The approximately $2 million fund would invest in emerging LegalTech companies and start-ups working towards financial inclusion.
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.
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