Legalpay's new SPV for small investors betting on stressed healthcare cos

Investors can put in as little as Rs 10,000 to fund firms undergoing insolvency

Fintech LegalPay has launched an interim finance healthcare-focused fund for retail investors that grants them fractional ownership, for an investment amount as little as Rs 10,000 per opportunity, in asset-backed legal and debt financing asset classes.

A press release issued by LegalPay says that the fintech, India’s first and only alternative investments platform specialising in legal and debt financing opportunities, has launched a Special Purpose Vehicle (SPV) focused on the healthcare sector for retail investors wishing to invest and provide fractional super-secure financing to companies under insolvency that have substantial assets.

Under this SPV, retail investors can invest for as low as