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LegalPay is building a litigation finance platform using which an entity can transfer the burden cost to a third party. The platform also aims to ease the financial burden of litigation. LegalPay helps plaintiffs cover legal fees, working capital and beyond with non-recourse litigation funding. Legalpay invests in commercial lawsuits in exchange for a portion of any potential recovery. The company offers attorneys and plaintiffs flexible, non-recourse funding to cover legal expenses, expert witnesses, working capital and more. They also offer accredited investors the opportunity to invest in legal claims through the online platform and dedicated funds.
Legal Name
:
LegalPay Technology Private Limited
Headquarters
:
Delhi, Delhi, India
Business Model
:
Founding Date
:
2019
No. of Employees
:
21 to 40
Core Team
:
1.
Chandan Kumar
Co-Founder
2.
Kundan Shahi
Co-Founder & CEO
2019
Nov | Company Incorporation
We incorporated the LegalPay entity on this date
B2B
We are targeting Medium Sized and Big Businesses who want to offset the legal cost from their balance sheets.
Client Segment
:
FinTech
Target Companies
:
Startup,
Small Enterprise,
Medium Enterprise,
Large Enterprise
Target Geography
:
Total Funding
$500.0k
Investors
:
1.
9Unicorns
$500k
Series Name
:
PRE-SEED
Date
:
25th May 2021
Frequently Asked Questions
