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LegalPay launches $2-M Justice and Inclusion (JAI) Fund
LegalPay, a third-party litigation funder and interim financier, has launched a USD 2 million Justice and Inclusion (JAI) Fund to invest in emerging legaltech and financial inclusion startups. The fund will provide equity funding to 30 legal-tech and socially driven fintech startups. The fund aims to promote technology development in the current legal framework and speed up the legal processes through innovative legal products and solutions. LegalPay has created an investment committee chaired by entrepreneur-turned-investor Ashwini Kakkar to enable an impartial funding mechanism. The panel also includes Kashish Grover, COO of LegalPay, and Ojasvi Babbar, CEO of Amity Incubation Centre. LegalPay is a fintech startup supported by 9Unicorns, LetsVenture, VentureCatalysts and Amity Innovation Incubator.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.