LegalPay launches super-senior bonds for HNIs worth ₹50c
By Leandra Monteiro
LegalPay, India’s first tech-based interim financer and litigation funder for commercial litigations and arbitrations, has launched Super Senior investment-grade rated bonds worth ₹ 50 Crores for High Net-worth Individuals (HNIs). Investment-grade bonds have a lower risk of default and receive higher ratings from credit rating agencies.
This new investment opportunity offers HNIs a chance to diversify their portfolio by investing as little as ₹ 10,000 and earning returns up to 14%. These bonds have over 300x asset cover and have undergone stringent regulatory and assessment processes through LegalPay’s proprietary AI-backed technology. Once subscribed, these bonds will get credited to the investors’ Demat account and can be tracked in a real-time manner.
LegalPay intends to handpick investment opportunities worth ₹ 250 crores for its investors during the calendar year.
“We have observed a significant demand for such investment opportunities and have gained the confidence of more than 15,000 investors on our 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. 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.
Attributing to LegalPay’s record and sector expertise, HNIs, family offices, and wealth managers are exploring this investment opportunity for a secure and reliable addition to their portfolios.
IBSi Daily News Analysis
July 19, 2024
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