Krasha Financial Services is preparing to launch a dedicated litigation finance platform in the fourth quarter of FY2026-27, marking the firm's entry into legal finance. According to reports from The Hindu BusinessLine, the proposed platform will focus on commercial and high-value disputes with a minimum claim value of US$10 million, with a target maximum duration of five years. The platform will operate separately from Krasha's existing digital neo-financing platform focused on asset-backed structured finance transactions. As per The Hindu BusinessLine, the move comes as litigation finance remains at an early stage in India despite the country's large legal market, with over 50 million cases pending across courts.
Krasha is in advanced-stage discussions with a UK-based legal-finance company for a potential strategic partnership. According to The Hindu BusinessLine, the proposed partnership is expected to bring international legal-finance expertise, case-underwriting capabilities and access to global legal-finance networks to the India platform. The platform will focus on commercial litigation, arbitration, insolvency-related claims and enforcement proceedings, targeting opportunities where the underlying claim, recovery potential and path to resolution provide sufficient visibility for institutional capital. As per The Hindu BusinessLine, Avdhesh Singh, CFO of Krasha, emphasized there is a clear opportunity to build a litigation finance platform around larger commercial claims in India, with the combination of private capital, rigorous legal underwriting and a global legal-finance partnership giving the company a strong starting point.
The global litigation funding market is estimated at approximately US$29 billion in 2026 and is projected to grow to more than US$43 billion by 2031. As reported by The Hindu BusinessLine, India remains an early-stage market for litigation finance despite having more than 50 million pending cases. Burford Capital, listed on the NYSE, has reported a 26% IRR on concluded cases over a 15-year period, demonstrating strong historical returns in mature markets. The proposed platform will evaluate opportunities based on underlying claim merits, enforceability, counterparty strength, expected recovery, jurisdiction and estimated time to resolution.
Krasha is also preparing its proposed Category-II Alternative Investment Fund, Prism Strategy, targeting approximately US$60–70 million, subject to regulatory approvals and investor participation. As reported by The Hindu BusinessLine, the firm is currently evaluating investments in real estate and private credit across the Mumbai Metropolitan Region and National Capital Region, with a target deployment of approximately ₹1,200 crore in FY2026-27. The litigation finance platform launch is expected in Q4 FY2026-27, subject to completion of the proposed partnership, structuring and applicable regulatory requirements.
