Searched for
INCRED FINANCE UNICORN
InCred Money set to acquire discount broker Stocko, marking entry into retail brokingInCred Money is poised to acquire Stocko for approximately Rs 300 crore, marking its entry into the retail broking sector. This acquisition...
InCred Finance acquires TruCap’s gold loans businessIn a stock exchange filing, TruCap stated that the total value of the deal will be approximately Rs 330 crore, subject to "certain adjustme...
60% of Indian unicorn founders achieved $1-billion valuation in maiden attempt: reportIn the last two years, companies such as quick commerce platform Zepto, non-banking lender InCred, Ola founder Bhavish Aggarwal’s artificia...
InCred Finance to name Gaurav Maheshwari as chief financial officerInCred Financial, backed by KKR, has appointed Gaurav Maheshwari as its new chief financial officer. Maheshwari, previously with Standard C...
Rapido rolls into the unicorn club with $120 million from WestBridgeRapido has so far raised $329 million in funding. A US-based family office and a UK-based fund are eyeing stakes in the company. The ride-h...
InCred Capital appoints Julius Baer India’s Vikram Agarwal as chief operating officerInCred Capital appointed Vikram Agarwal as its COO, who brings extensive experience from Julius Baer India to lead various functions at the...
Roadblocks for q-commerce; Mizuho InCred dealHappy Friday! As quick commerce platforms diversify, they are likely to face operational challenges. More on this in today’s ETtech Morning...
Mizuho is in talks to buy KKR’s part stake in fintech company InCredAccording to latest discussions, global investment firm KKR may sell around 10% stake in Mumbai-based tech-driven NBFC InCred but this may ...
Smaller IPOs an alternative for shrinking VC exits: Blume reportAccording to a report from Blume, startups which are not seeing a lot of interest from growth investors, or hitting a growth ceiling and ‘f...
Average unicorn time for startups down to 5.5 years: ReportIndia ranks third on the list of most unicorns birthed by a country, but only two companies hit the $1-billion-plus valuation last year. Th...
InCred Finance posts net profit of Rs 121 crore in FY23, revenues jump 67%InCred Finance became the second unicorn of 2023 after raising $60 million from a clutch of investors, including ultra-high-net-worth clien...
InCred enters unicorn club with $60 million funding roundIn 2022, InCred Finance and KKR India Financial Services merged to create a joint entity under the brand name InCred Finance.
ETtech Deals Digest: Funding crunch continues, investments down 40% in November to $409 millionNew-age tech companies raised a total of $409 million in November across 63 rounds, according to data from market research firm Tracxn. Ove...
Tata-Wistron deal complete; InCred to join unicorn club with new fundingIndia’s salt-to-software conglomerate Tata Group will now make iPhones after it completed its acquisition of Wistron on Wednesday. This and...
InCred set to secure Rs 500 crore in equity funding from a clutch of investors, join unicorn clubIn a release issued on Thursday, the lending company said that it has already received the full commitment and post the closure of the roun...
ETtech Deals Digest: BharatPe’s ~$1 billion valuation, Nazara' pre-IPO funding, edtech gold rushBharatPe has raised $108 million at a valuation of $900 million. Rakesh Jhunjhunwala-backed Nazara Technologies raises Rs 100 crore ahead o...
WeCash looks to cash in with two top hiresAgarwal was previously with digital non-banking finance company InCred Finance. Daman recently quit digital payment entity Mobikwik to join...