InCred Capital, the institutional arm of InCred Group, a diversified financial services firm, has announced the appointment of three senior executives to its leadership team in Investment Banking. The firm has hired Akbar Khan as Chairman, Advisory, Anjani Kumar as Chairman, Client Coverage and Mahesh Prasad as Managing Director. With the addition of these senior executives, InCred Capital aims to bolster…
InCred and KKR announced the conclusion of the strategic merger of InCred Financial Services Limited (InCred Finance) and KKR India Financial Services Limited (KIFS). Commenting on the closure of the deal, Bhupinder Singh, Founder and CEO of InCred Group, said, “InCred Finance’s business has emerged in great shape from the pandemic delivering top notch risk performance.…
KKR and InCred announced that they have entered into a strategic transaction to create a diversified Indian lending company by combining KKR India Financial Services Limited (KIFS) and InCred Financial Services (InCred Finance), the retail and micro, small and medium enterprise (MSME) lending business of InCred. This transaction will bring together two of India’s best-known non-banking finance companies and combine their…
Mumbai-based new-age financial company, InCred Finance has hired Philipp Orgler to lead the development of artificial intelligence and machine learning tools to power the next phase of its business growth. Orgler has over 20 years of experience in financial analytics. Prior to this, Orgler was the global head of structured products at Barclays Capital and…
InCred, a new-age financial services group that leverages technology and data-science to make lending quick and easy, announced that it has acquired fintech platform Qbera, according to an ETtech report. The acquisition will help InCred increase its distribution reach while also leveraging Qbera’s existing partnerships to co-originate loans and expand its portfolio of consumer loans,…