About InCred Capital
InCred Capital is a Financial Services company based in Mumbai (India) founded in 2016 by Bhupinder Singh. It operates as a private debt firm. 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. InCred Capital has completed 2 acquisitions, including Orowealth and Vishuddha Capital. Its chief executive is Bhupinder Singh. Its Indian entity Incred Capital Financial Services Limited reported revenue of ₹557 Cr. InCred Capital offers products and services including Wholesale Banking and Equity Derivatives. Its focus areas include Asset Management, Diversified, Investment Industry and Investment Banks.
Company details
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.
- Headquarters Mumbai, India
- Employees 44
- Founders Bhupinder Singh
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website incredcapital.com
- Social LinkedIn X
- Legal Name Incred Capital Financial Services Limited
- Date of Incorporation 27 Mar, 1996
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹557 Cr
FY 2025 · +57% YoY
- Net Profit₹37.97 Cr
FY 2025 · 7% margin
- EBITDA₹153 Cr
FY 2025 · 27% margin
- Total Equity Funding$37.39M (USD)
in 1 rounds
- Latest Funding Round$37.39M (USD), Series A
Nov 2018
- InvestorsParagon Partners
& 22 more
- Employee Count44
- Investments & AcquisitionsOrowealth
& 1 more
Associated legal entities of InCred Capital
InCred Capital operates through Incred Capital Financial Services Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Incred Capital Financial Services Limited CIN U67120MH1996PLC355036 | Active | 27 Mar 1996 | Mumbai, Maharashtra | ₹557 Cr | 44 | 8 | View details |
Products & Services of InCred Capital
InCred Capital offers a comprehensive portfolio of products and services, including Wholesale Banking and Equity Derivatives.
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 $37.39M
- Total Rounds 1
- Last Round Series A — $37.39M
- First Round $37.39M
(Nov 2018)
- Investors Count 23
All 1 funding rounds of InCred Capital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $37.39M | Series A | – | Paragon Partners, MEMG Family Office |
23 investors in total: 7 institutional and 16 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A leading Indian mid-market private equity firm is operated. | 2015 | paragonpartners.in | Mumbai, India | |
Family wealth of Ranjan Pai is managed through investments. | – | memgfamilyoffice.tcc.mode | Bengaluru, India | |
General interest news on diverse topics is provided to consumers. | – | indianexpress.com | Noida, India | |
- | – | kenstreamventures.tcc.mode | Bengaluru, India | |
Construction services are provided in Bengaluru, India. | – | neelanchaledifice.tcc.mode | Bengaluru, India | |
Sun Channel is operated as a television media provider. | – | sunchanneltv.com | - | |
- | – | atoneprojects.tcc.mode | - | |
SS Sumit Sharma | Angel investor and entrepreneur, co-founder of GoBumpr, focused on tech startups | – | unknown_812fd0bddb1a434ab | - |
AG Ananya Goenka | - | – | unknown_17d983c55f3041faa | - |
BR B Ravi Pillai | - | – | unknown_80dc345257144d2aa | - |
Investor details for InCred Capital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Incred Capital Financial Services Limited (InCred Capital)
Incred Capital Financial Services Limited is the primary company behind InCred Capital. The board of Incred Capital Financial Services Limited currently have 7 directors; the longest-serving is Bhupinder Singh, appointed in 2018. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhupinder Singh DIN 07342318 | Director | 12 Jul 2018 | 8 yrs 3 mo | Incred Capital Financial Services Limited |
| Siddharth Deepak Parekh DIN 06945508 | Director | 22 Nov 2018 | 7 yrs 10 mo | Incred Capital Financial Services Limited |
| Venkatesh Vishwanathan DIN 08032824 | Director | 15 Dec 2020 | 5 yrs 10 mo | Incred Capital Financial Services Limited |
| Ambika Bisla DIN 09789579 | Director | 04 Dec 2024 | 1 yr 10 mo | Incred Capital Financial Services Limited |
| Vikram Sundarlal Agarwal DIN 08113532 | Whole-time director | 04 Dec 2024 | 1 yr 10 mo | Incred Capital Financial Services Limited |
| Shivani Virendra Singh Rawat DIN 09573457 | Director | 04 Dec 2024 | 1 yr 10 mo | Incred Capital Financial Services Limited |
| Gaurav Maheshwari DIN 07639132 | Director | 27 Mar 2025 | 1 yr 6 mo | Incred Capital Financial Services Limited |
People of InCred Capital
10 people are tracked at InCred Capital (10 in leadership); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Ashim Ahuja | Managing Director | Leadership |
Vineeta Sharma | Managing Director | Leadership |
Ajay Rao | Sales Director | Leadership |
Vijay Kandhari | Director | Leadership |
Praful Bohra | Director | Leadership |
Saumya Mittal | Managing Director | Leadership |
Ajay Pasari | Director | Leadership |
Tarun Singhal | Director | Leadership |
Vijay Gomatam | Managing Director | Leadership |
Complete people profiles for InCred Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of InCred Capital
Figures of Incred Capital Financial Services Limited, the primary company behind InCred Capital, for FY 2025. Revenue was ₹557 Cr (+57% year on year). Net profit was ₹37.97 Cr (7% margin). EBITDA was ₹153 Cr (27% margin). Revenue has grown at a compounded annual rate of +68% over three years and +75% over five years.
- ₹557 CrRevenue · FY 2025 · +57% YoY
- ₹37.97 CrNet profit · 7% margin
- ₹153 CrEBITDA · 27% margin
- ₹14.21 CrPaid-up capital
- 44Employees (provident fund records)
- +68%Revenue CAGR, 3 years
- +75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Incred Capital Financial Services Limited are on its company page.
Detailed financial statements for InCred Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Platform for alternative asset and mutual fund investments is provided. | orowealth.com | Mumbai, India | 2015 | Jan 2023 | •••• | |
Diversified investment management services are provided across asset classes. | vishuddhacapital.com | Mumbai, India | 2018 | Aug 2020 | •••• |
Complete acquisition details for InCred Capital
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of InCred Capital
4 dated milestones of InCred Capital across 7 years, from founding to its latest funding, stage changes and deals.
- Founded InCred Capital is founded.
- Funding First funding round of $37.4M.
- Acquisition Acquires Vishuddha Capital.
- Acquisition Acquires Orowealth.
Web traffic of InCred Capital
The website of InCred Capital (incredcapital.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 27.4% vs previous month
Websites whose visitors overlap most with InCred Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| incredequities.com | 100% | 3.1K | – | View details |
Top companies in Private Debt Funds
10 companies that operate in the same segment as InCred Capital (Private Debt Funds), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | – | USD 126.21 B | 46,500 | |
Alternative asset investment management firm | 1997 | Los Angeles, California, United States | – | USD 6.2 B | 3,200 | |
Private debt investments are directed across multiple sectors. | 2013 | London, England, United Kingdom | USD 6.2 B | USD 130.32 M | 62 | |
Private equity and debt investments are managed for businesses. | 2004 | Los Angeles, California, United States | – | USD 3.15 B | 3,200 | |
Private equity investments are directed toward multiple sectors. | 1986 | Washington, District Of Columbia, United States | – | USD 4.79 B | 2,300 | |
Provides mutual fund investments, SIP options, and financial planning services online. | 2009 | Mumbai, Maharashtra, India | – | – | 93,874 | |
Mezzanine financing and equity investments are provided by CVC. | 1981 | New York, New York, United States | – | USD 2.19 B | 1,260 | |
Customized lending solutions are provided for private equity-backed companies. | 1996 | Chicago, Illinois, United States | – | – | 389 | |
Investments are made in technology, consumer, healthcare, and service sectors. | 1985 | London, England, United Kingdom | – | – | – | |
Private debt fund focused on multiple sectors | 1967 | New York, New York, United States | – | USD 14.5 M | – |
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Related news about Incred Capital
Complete news archive for InCred Capital
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Frequently Asked Questions about InCred Capital
InCred Capital was founded in 2016 and raised its 1st funding round 2 years after it was founded.
InCred Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Bhupinder Singh is the current CEO of InCred Capital. They have also founded this 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 2018.
InCred Capital has 44 employees.
The primary company behind InCred Capital, Incred Capital Financial Services Limited, reported revenue of ₹557 Cr for FY 2025, up 57% year on year.
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.
InCred Capital offers Wholesale Banking and Equity Derivatives.
InCred Capital has made 2 acquisitions, including Orowealth, and Vishuddha Capital.
InCred Capital has 23 investors. Key investors include Paragon Partners, The Indian Express, Sumit Sharma, Ananya Goenka, and B Ravi Pillai.
InCred Capital operates through Incred Capital Financial Services Limited.
The legal entities of InCred Capital currently have 8 directors, including Prince Kumar Premchand Gupta, Ambika Bisla, Vikram Sundarlal Agarwal and others.