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INCRED FUNDING ROUND
Oyo parent gets Sebi nod for Rs 6,650-cr public offerOyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The compa...- Groww IPO revs up wealthtech deals; Lovable’s founder on vibe codingHappy Monday! Several funding deals are swirling in the wealthtech sector on the back of Groww’s IPO. This and more in today’s ETtech Morni...
- ChrysCapital, InCred invest in Amber subsidiary ILJIN ElectronicsILJIN Electronics India, an Amber Group subsidiary, secured ₹1,200 Crore in funding from ChrysCapital and InCred Growth Partners. ChrysCapi...
- InCred Money enters into retail broking with Stocko acquisitionInCred Money is set to acquire South Asian Stocks Limited (Stocko), a discount broker with a daily turnover of ₹1 lakh crore, marking InCre...
- 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...
- ETtech Deals Digest: Startups raise $158 million this week; up 72% on-yearIndian startups secured $157.7 million between May 10 and 16, marking a significant increase from the previous year but a decline from the ...
- 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...
- Fintech lending platform Moneyview acquires fintech startup Jify; attains unicorn statusMoneyview, which did not receive any fresh money in the deal, had last raised $75 million at a post-money valuation of $900 million in 2022...
- Oyo parent raises Rs 1,457 crore in latest funding roundOravel Stays Ltd, the parent company of OYO, secured Rs 1,457 crore from several investors, including InCred Wealth, J&A Partners, and ASK ...
- 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 ...
- 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...
- Incred Financial plans to raise $150m to expand its loan bookIncred Financial Services, a retail-focused non-banking financial company (NBFC), is aiming to raise $125-150 million in funding at a valua...
- InCred Capital acquires 20% stake in HR tech startup TeamNestTeamNest claims it clocked over 10% month-on-month growth for the last 15 months.
- New age technology-led NBFC InCred raises Rs 600 croreNew age technology-led NBFC InCred has raised Rs 600 crore from a group of global investors in a move that will raise its equity capital.
- SBI Capital, SHCI enter race for IDFC SecuritiesMost of the new bids have been pegged at around Rs 120 crore, said one person.
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