LegalPay Launches ₹50 Crores Investment-Grade Rated Bonds for HNIs

• ByStartupStory     |    April 17, 2023

LegalPay, India’s first tech-based interim financier and litigation funder, has announced the launch of Super Senior investment-grade rated bonds worth ₹50 crores for High Net-worth Individuals (HNIs). The investment-grade bonds are considered to be a low-risk investment opportunity as they receive higher ratings from credit rating agencies and have a lower risk of default.

This new investment opportunity offered by LegalPay is a chance for HNIs to diversify their portfolios by investing as little as ₹10,000 and earning returns up to 14%. The bonds have undergone strict regulatory and assessment processes through LegalPay’s proprietary AI-backed cutting-edge technology and have over 300x asset cover.

“We believe such investments will help companies retain their maximum value of assets, whereas investors will reap great rewards transparently and efficiently,” said Kundan Shahi, Founder, and CEO, LegalPay.

Once subscribed, these bonds will get credited to the investors’ Demat account and can be tracked in real-time. LegalPay intends to handpick investment opportunities worth ₹250 crores for its investors during the calendar year. 

LegalPay aims to mitigate the problem of financing legal expenses in India, and the company manages over ₹2,500 crores in claims under management through its AI and technology-enabled platform. “We are proud to create such an exciting and lucrative investment opportunity that is available to all kinds of investors through our AI technology-enabled platform,” added Kundan Shahi.

HNIs, family offices, and wealth managers are exploring this investment opportunity for a secure and reliable addition to their portfolios, attributing to LegalPay’s exemplary record and sector expertise. LegalPay’s last opportunity offered on their platform was fully subscribed in just three days.

The company expects to raise the claims under management to ₹5,000 crores in CY 2023. With the launch of the Super Senior investment-grade rated bonds, LegalPay aims to increase the reach of its platform and provide secure investment opportunities to a wider range of investors.

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