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…