InCred Money Raises INR 250 Cr At INR 1,650 Cr Valuation

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SUMMARY

The company raised the capital from Manipal Group chairman Ranjan Pai, former Deutsche Bank executive Ram Nayak, Mankind Family Office, among others

InCred Money provides investment options across unlisted shares, fixed deposits, gold, silver, and other assets

The round comes as InCred Holdings is preparing for an INR 5,000 Cr IPO, which will comprise a fresh issue of shares worth INR 1,500 Cr

InCred Money, the wealth and asset management arm of InCred Group, has raised INR 250 Cr (around $30 Mn) from a group of…



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InCred Money Raises INR 250 Cr At INR 1,650 Cr Valuation


SUMMARY

The company raised the capital from Manipal Group chairman Ranjan Pai, former Deutsche Bank executive Ram Nayak, Mankind Family Office, among others

InCred Money provides investment options across unlisted shares, fixed deposits, gold, silver, and other assets

The round comes as InCred Holdings is preparing for an INR 5,000 Cr IPO, which will comprise a fresh issue of shares worth INR 1,500 Cr

InCred Money, the wealth and asset management arm of InCred Group, has raised INR 250 Cr (around $30 Mn) from a group of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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