Incred Finance is a Non-Banking Financial Company (NBFC) in India. The company focuses on Consumer Loan, Home Loan, Education Loan, and SME Lending. It is headquartered in Mumbai, Maharashtra. It was founded by Bhupinder Singh, ex-head of the Corporate Finance division of Deutsche Bank.
Incred Finance received an initial round of funding of INR500-600 Crore from Ranjan Pai (MD & CEO, Manipal Group), Gaurav Dalmia (Founder & Chairman, Landmark Holdings), IDFC PE, and Alpha Capital. Paragon Partners, a private equity firm, invested INR25 Crore in the company in March 2017.
Former Co-CEO of Deutsche Bank, Anshu Jain, joined the Advisory Board of the company. Other members on the board include M D Mallya (former Chairman, Bank of Baroda).
Incred Finance acquired FinTech platform InstaPaisa.com in 2015.
Video Incred Finance
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Source of article : Wikipedia
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