The Startup India Insight

InCred Finance

InCred Finance is an Indian fintech company offering a range of financial products including personal loans, home loans, and SME lending.

InCred Finance Journey

InCred's Founder and History

InCred Finance is one of non banking financial company (NBFC) from these companies or institutions which offer loan for peoples and businesses.

Finance is one of the important thing for survival weather it comes to a peoples or a business.

Peoples required finance to fulfil their basic needs like food, clothes and house whereas a business required finance for operating its operations, and also for growing its operations.

When it comes to business, then the need of finance for a business can't be finished.

It means a business need finance at a every step of its operation in market. Even if a business want to enhance their scale by increasing their operations, in that case they also need finance.

It is not possible for every business to arrange the whole finance by itself.

It means the finance available in business not become sufficient to fulfill every kind of business need. They need to arrange finance from other sources.

These sources include taking loans from banks and other financial institutions.

Multiple financial institutions rather than banks are their in the financial industries which provides loans to peoples and businesses.

It founded in 2016 by Bhupinder Singh, before starting this platform Bhupinder Singh was working for Deutsche Bank as a head of corporate finance.

After getting a good experience in financial industry Bhupinder Singh was decided to start a platform which will fulfil peoples and businesses financial needs.

InCred Finance offering different kinds of loans to its customers. Some kinds of loans which offered by it to its customers includes  Education Loan, SME Business Loan, Personal Loan and Merchant Loan.

By providing these products to customers it become a one of successful financial company.

InCred Finance Unicorn Status

It also known as one of the leading financial company in India.

After 7 years of successful offering of different kinds of loans to customers it become a unicorn in November, 2023 with the entry valuation of 1.04 billion dollars.

InCred Finance is a multinational financial company. It offer financial services like loans to 25+ countries in all over the world, India is primary country to offer.

InCred Finance Investors

OAKS, FMO, Moore Strategic Ventures,Elevar Equity, Paragon Partners are some names of investors of InCred Finance.

It is growing year to year and supposed that its valuation will increased in future.

The number of investors will also increase in future due to the high margin of profits.

InCred Finance company have comes with a mission to provide satisfactory financial services to its all kinds of customers.

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InCred FY24: Doubling Profits and Crossing Revenue Milestones

InCred, a leading financial services company, has reported stellar financial results for the fiscal year 2023-24. The company’s profit more than doubled to INR 316.3 crore, marking a significant milestone in its growth trajectory. This impressive performance was driven by a robust increase in revenue, which crossed the INR 1,000 crore mark, highlighting InCred’s strong […]

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