Venture Intelligence (TSJ Media Pvt. Ltd.)
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LegalPay launches $5-M fund to aid Indian founders in board disputes
Delhi-based, VC-backed litigation financing company LegalPay has partnered with Florida, USA-based hedge fund Naples Global to launch a USD 5 million fund to support Indian founders to protect their rights in board-related disputes. LegalPay provides non-recourse funding in commercial legal claims in exchange for a share in the final recovery. It is backed by Hedonova, 9Unicorns, LetsVenture, Venture Catalysts and Amity Innovation Incubator, among others.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.