InCred acquires personal loan marketplace Qbera
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The Covid-19 outbreak has impacted the majority of the startups severely, and consolidation is one of a few options for companies who are left with a short runway. In one such development, InCred has reportedly acquired Qbera. Reportedly, the founders of Qbera-Aditya Ghosh and Anuj Sachdev would be joining InCred to head the platform business and advisory role respectively. The rest of the Qbera’s team would also join the Mumbai-based lender.