Litigation funding startups eyeing arbitration and insolvency resolution cases

A total of 7,567 companies across sectors were brought into administration until March end, according to the latest data from the Insolvency and Bankruptcy Board of India. As per the National Judicial Data Grid, more than 45 million cases are pending in courts across the country, including about six million cases in 25 high courts and 83,800 cases in the Supreme Court.