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InCred Alternatives Investment, a InCred Group company, has marked the first close of its maiden private equity fund, a top executive of the firm told VCCircle.
Amid the funding winter, India’s fintech sector experienced a significant setback, with a 63% decline in fund inflows throughout 2023, according to a report by Tracxn.
The equity round garnered significant interest from various investors, including global Private Equity Funds, corporate treasuries, Family Offices and UHNIs, showcasing overwhelming support from the investor community, , Incred
InCred Capital, the wealth and asset management arm of InCred Group, has appointed Akbar Khan, Anjani Kumar and Mahesh Prasad in the capacities of chairman ......
ZipLoan and InCred will provide microloans between Rs 1 lakh-Rs 10 lakh with a tenure that lasts up to 36 months, bringing access to additional liquidity at competitive rates.