LegalPay

All articles about LegalPay.

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.
Geetanjali Sethi has joined LegalPay as Vice President - Legal & Risk. Geetanjali was previously a Managing Associate at L&L Partners Law Offices in New Delhi.
India-based litigation financier LegalPay last week announced that it had secured an undisclosed seed funding round led by accelerator VC 9Unicorns to tap an estimated $20 billion legal expense market in the country. Early-stage investment platform LetsVenture also participated in the round, along with angel investors including Ambarish Gupta, founder of New York-based PE-fund Basis Vectors and founder of Knowlarity.
Kundan Shahi, the founder and CEO of LegalPay, the first domestic litigation funder in India, talks to us about the hurdles that have to be overcome for funders in India, who the law firms and organisations are that are leading the litigation finance push, and where opportunities lie for foreign funders.

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