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LegalPay company logo
Corporation
FINANCIAL | Asset/Financial Management
legalpay.in

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Founded Year

2019

Stage

Seed VC - III | Alive

About LegalPay

LegalPay is a homegrown litigation finance company that helps plaintiffs cover legal fees, working capital, and more by using non-recourse litigation funding.

LegalPay Headquarter Location

Delhi, 110011,

India

Latest LegalPay News

LegalPay's Interim Finance subscribed 123pc in less than 48 hrs

Jan 22, 2022

{{monthName}} {{day}}, {{year}} The SPV I is a smaller ticket special purpose vehicle designed for the small ticket investors wherein they could invest in the insolvency market for as low as Rs 10,000 and diversify their portfolio as per their risk appetite. 0 CLAPS 0 LegalPay, an alternative investment platform specialising in legal and debt financing assets, has announced that it has successfully closed the Interim Finance- Healthcare focused SPV I in just less than 48 hours of its launch this week. The SPV I is a smaller ticket special purpose vehicle designed for the small ticket investors wherein they could invest in the insolvency market for as low as Rs 10,000 and diversify their portfolio as per their risk appetite. The offer was oversubscribed in a record time of less than 48 hours without any expenses to source investors. Following this, LegalPay has also announced another Interim Finance Real Estate focused SPV with a pre-commit. Get connected to LegalPay Speaking about the same, Kundan Shahi, Founder, and CEO of LegalPay, stated, “After nine months of rigorous effort, speaking with almost 900+ resolution professionals in India, we launched a revolutionary product that caters to the financing needs during the insolvency process by way of super-senior lending. On the flip side, we have received tremendous response from investors for such asset backed alternative-investment products. (Image credit: LegalPay)

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