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FinTech

InCred Money Raises INR 250 Cr At INR 1,650 Cr Valuation


SUMMARY

The company raised the capital from Manipal Group chairman Ranjan Pai, former Deutsche Bank executive Ram Nayak, Mankind Family Office, among others

InCred Money provides investment options across unlisted shares, fixed deposits, gold, silver, and other assets

The round comes as InCred Holdings is preparing for an INR 5,000 Cr IPO, which will comprise a fresh issue of shares worth INR 1,500 Cr

InCred Money, the wealth and asset management arm of InCred Group, has raised INR 250 Cr (around $30 Mn) from a group of…



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