About InCred Capital
InCred Capital is a company based in Mumbai (India) founded in 2016 by Bhupinder Singh.. InCred Capital has raised $37.39 million across 1 funding round from investors including Paragon Partners, The Indian Express and Sumit Sharma. The company has 44 employees as of March 29, 2024. InCred Capital has completed 2 acquisitions, including Orowealth and Vishuddha Capital. InCred Capital offers products and services including Wholesale Banking and Equity Derivatives.
- Headquarter Mumbai, India
- Employees 44 as on 29 Mar, 2024
- Founders Bhupinder Singh
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Incred Capital Financial Services Limited
- Date of Incorporation 27 Mar, 1996
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$1.14 M (USD)757.06as on Mar 31, 2019
-
Net Profit
$-1.15 M (USD)-1431.98as on Mar 31, 2019
-
EBITDA
$-2.45 M (USD)-123183.49as on Mar 31, 2019
-
Total Equity Funding
$37.39 M (USD)
in 1 rounds
-
Latest Funding Round
$37.39 M (USD), Series A
Nov 15, 2018
-
Investors
Paragon Partners
& 22 more
-
Employee Count
44
as on Mar 29, 2024
-
Investments & Acquisitions
Orowealth
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of InCred Capital
InCred Capital offers a comprehensive portfolio of products and services, including Wholesale Banking and Equity Derivatives. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Insights and innovative solutions in the investment banking space are offered for addressing liquidity issues.
A seamless experience of equity trading in India is provided through this soon-to-be-launched offering.
Funding Insights of InCred Capital
InCred Capital has successfully raised a total of $37.39M through 1 strategic funding round. The most recent funding activity was a Series A round of $37.39 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $37.4M
-
First Round
First Round
(15 Nov 2018)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series A - InCred Capital | Valuation | Paragon Partners , MEMG Family Office |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in InCred Capital
InCred Capital has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Paragon Partners, The Indian Express and Sumit Sharma. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
A leading Indian mid-market private equity firm is operated.
|
Founded Year | Domain | Location | |
|
Family wealth of Ranjan Pai is managed through investments.
|
Founded Year | Domain | Location | |
|
General interest news on diverse topics is provided to consumers.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by InCred Capital
InCred Capital has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Orowealth and Vishuddha Capital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Diversified investment management services are provided across asset classes.
|
2018 | ||||
|
Platform for alternative asset and mutual fund investments is provided.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - InCred Capital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Incred Capital Comparisons
Competitors of InCred Capital
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Incred Capital
Frequently Asked Questions about InCred Capital
When was InCred Capital founded?
InCred Capital was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is InCred Capital located?
InCred Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of InCred Capital?
Bhupinder Singh is the current CEO of InCred Capital. They have also founded this company.
Is InCred Capital a funded company?
InCred Capital is a funded company, having raised a total of $37.39M across 1 funding round to date. The company's 1st funding round was a Series A of $37.39M, raised on Nov 15, 2018.
How many employees does InCred Capital have?
As of Mar 29, 2024, the latest employee count at InCred Capital is 44.
What is the annual revenue of InCred Capital?
Annual revenue of InCred Capital is $1.14M as on Mar 31, 2019.
What does InCred Capital do?
InCred Capital was established in 2016 in Mumbai, India, as a private debt firm. Investment banking operations are conducted, and asset management services are offered to clients. Focus is placed on debt financing solutions within the financial sector, with leadership directed by a team of managing directors and directors. Activities are centered in the Indian market, supporting various investment needs.
What products or services does InCred Capital offer?
InCred Capital offers Wholesale Banking and Equity Derivatives.
How many acquisitions has InCred Capital made?
InCred Capital has made 2 acquisitions, including Orowealth, and Vishuddha Capital.
Who are InCred Capital's investors?
InCred Capital has 23 investors. Key investors include Paragon Partners, The Indian Express, Sumit Sharma, Ananya Goenka, and B Ravi Pillai.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.