Nithin and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nikhil-kamath” target=”_blank”>Nikhil Kamath, cofounders of stockbroking platform Zerodha, have acquired a minority stake in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/incred-holdings” target=”_blank”>InCred Holdings, the holding company of non-banking financial company (NBFC) ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/incred-financial-services” target=”_blank”>InCred Financial Services, through a Rs 250 crore share purchase.
The investment comes as InCred prepares for a potential Rs 4,000 crore initial public offering ( data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/definition/ipo”>IPO), joining a growing list of tech-led financial services firms eyeing the public markets.
“India’s credit ecosystem is changing fast—more formal, more digital, and more accessible,” said Nikhil Kamath….
