Liquidity Events
LegalPay announces exit of its first litigation financing SPV
LegalPay, a Delhi-headquartered financier in the litigation space, has announced the full exit of its litigation financing fund that it had started in August 2021. The company funded late-stage commercial and arbitration litigations across India through this fund. LegalPay has provided exit to its investors through its Health Care SPV where it claims investors were able to make 26%+ IRRs in less than nine months. LegalPay was founded in 2019 by Kundan Shahi with the aim of financing legal expenses. Backed by investors such as 9Unicorns, LegalPay finances disputes across sectors such as logistics, EPC, SaaS, and financial services.
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