BENGALURU:InCred Holdings, the parent of InCred Financial Services, has turned a unicorn (valued at over $1 billion) after it raised Rs 500 crore from a clutch of investors including a global PE fund, corporate treasuries, family offices, and ultra high net-worth individuals (UHNIs).The fintechcompany, however, didn’t disclose the names of the investors.Thefunding would be deployed across InCred’s core business verticals: consumer loans, student loans, and MSME lending.Incred is the second startup to enter the Indian unicorn club in 2023 after quick commerce platform Zepto (August fund-raise).“Our goal is...
Bengaluru-based fintech Perfios on Thursday announced that it has ‘acquihired’ Chennai-based open finance platform Fego.ai for an undisclosed amount. By definition, acquihire refers...
Ruchin Goyal, Managing Director and Senior Partner, Lead-Financial Services, BCG India, and Ernest Saudjana, Managing Director and Senior Partner, Leader of Financial Institutions...