Acquiring L&T Capital Dubai, InCred Capital to step into Global wealth management business
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Mumbai based InCred Capital has announced that it has acquired L&T Capital's Dubai arm and it is looking forward to step into the Global wealth management business. Recently, InCred Capital acquired the Reliance Wealth. They are also awaiting approval for a $100 million credit fund. Acquiring L&T Dubai arm is the first step towards establishing a global platform for InCred Capital's businesses.