InCred to join the unicorn club soon

InCred Holdings Limited, the holding company of InCred Financial Services Limited, revealed that it has received commitments amounting to Rs. 500 crore in its Series D funding round. This achievement positions it to join the ranks of Indian unicorns. A diverse group of investors participated in the equity round, including a global private equity fund, corporate treasuries, family offices, and UHNIs. InCred Group expressed its appreciation for the strong backing from the investment community in a statement.