When was InCred founded?

InCred was founded in 2016 and became a unicorn in 2023, reaching the milestone in 7 years. It raised its 1st funding round 1 year after its incorporation.

Where is InCred located?

InCred is headquartered in Mumbai, India. It is registered at Unit No. 1203, 12th floor,B Wing, The Capital Plot No. C - 70, G Block,BKC, Mumbai City, Mumbai, Maharashtra, India, 400051.

Who is the current CEO of InCred?

Bhupinder Singh, Prithvi Chandrasekhar and Prashant Bhonsle s of InCred. Bhupinder Singh has also founded 6 companies and is angel investors in 14 startups, including InCred Global Wealth and Incred Equities.

Which legal entities is InCred associated with?

InCred is associated with Incred Prime Finance Private Limited and 7 others.

How many employees does InCred have?

As of May 31, 2025, InCred has 2161 employees, reflecting a 18% year-over-year growth in headcount.

Is InCred a funded company?

InCred is a funded company, having raised a total of $320M across 13 funding rounds to date. The company's 1st funding round was a $30.7M Series A round, raised on Mar 23, 2017.

How much is InCred worth?

The latest valuation of InCred is $1.04B as of Dec 25, 2023.

When was the latest funding round of InCred?

InCred's latest funding was a $46.8M Conventional Debt round on Jul 04, 2025, with participation from 2 investors. Its primary sector is Digital Lending. In India, the Digital Lending sector has seen $1.01B in funding in 2026 to date.

What is the annual revenue of InCred?

Annual revenue of InCred is more than ₹1,000 Cr as on Mar 31, 2026

Is InCred a Digital Lending company?

The primary sector of InCred is Digital Lending.

Where does InCred rank among its competitors?

InCred ranks 1st amongst 359 active competitors, of which 51 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was BlackSoil, which secured $22M in Mar, 2026.

Who are the top competitors of InCred?

InCred's top competitors include Funding Societies, Finnable and Moneyview. Among them, BlackSoil secured the most recent funding round in March, 2026.

InCred - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that InCred operate in

InCred serves in the FinTech market segments.The primary business model of InCred is:

FinTech > Digital Lending > ***** **** > ***** ******

Company Details

Provider of financial services specializing in personal, education, and business loans. The platform utilizes technology and data science for its suite of offerings. It provides loans tailored to meet financial needs within the lending industry. The company also offers resources related to regulatory compliance and consumer education.

Website: incred.com
Social
Email ID: *****@incred.com
Phone Number: +91 **********
Part Of
Registered Address: Unit No. 1203, 12th floor,B Wing, The Capital Plot No. C - 70, G Block,BKC, Mumbai City, Mumbai, Maharashtra, India, 400051

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Series D

Total Funding

$320M in 13 rounds

Latest Funding Round

Conventional Debt, Jul 04, 2025, $46.8M

Post Money Valuation

$1.04B as on Dec 25, 2023

Investors

FMO & 131 more

Ranked

1^st among 359 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

2,161 as on May 31, 2025

Investment & Acquisitions

Shapoorji Pallonji & 37 more

Similar Companies

Moneyview & 1062 more

View InCred's full profile

InCred is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
INCRED ALTERNATIVE INVESTMENTS PRIVATE LIMITED CIN: U65990MH2022PTC377781 , India, Active	Mar 02, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	32 (As on May 01, 2026)
INCRED FINANCIAL SERVICES LIMITED CIN: U67190MH1995PLC360817 , India, Active	Feb 03, 1995	₹1,000+ Cr (As on Mar 31, 2026)	3138 (As on Mar 01, 2026)
Incred Holdings Limited CIN: U67190MH2011PLC211738 , India, Active	Jan 03, 2011	₹1,000+ Cr (As on Mar 31, 2025)	33 (As on May 31, 2026)
INCRED ASSET MANAGEMENT PRIVATE LIMITED CIN: U74999MH2019PTC322093 , India, Active	Mar 01, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	28 (As on Aug 01, 2025)
INCRED HOUSING FINANCE PRIVATE LIMITED CIN: U65923MH2015PTC271359 , India, Amalgamated	Dec 28, 2015	0 - ₹10 Cr (As on Mar 31, 2020)	1 (As on Jun 01, 2021)
Incred Prime Finance Private Limited CIN: U74899MH1991PTC340312 , India, Active	Jan 08, 1991	0 - ₹10 Cr (As on Mar 31, 2025)	7 (As on May 31, 2026)
INCRED TECHINVEST PRIVATE LIMITED CIN: U66309MH2015PTC355907 , India, Active	Jul 06, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Aug 01, 2025)
INCRED FINSERV PRIVATE LIMITED CIN: U72900MH2016PTC273211 , India, Active	Feb 17, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	20 (As on Aug 31, 2025)

InCred has raised a total funding of $320M over 13 rounds. Its first funding round was on Mar 23, 2017. Its latest funding round was a Conventional Debt round on Jul 04, 2025 for $46.8M. 2 investors participated in its latest round. InCred has 97 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of InCred:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 04, 2025	$46.8M	Conventional Debt	-	-	-	Morgan Stanley, Nippon
Mar 13, 2025	$30M	Conventional Debt	-	-	-	Neo Wealth and Asset Management, Mas Financial Services
Nov 09, 2023	$60.1M	Series D	$1B	6.8x	Ranjan Pai, InCred Capital	Ravi Pillai, Ram Nayak, VCAPL, NABS Vriddhii, Sattva Ventures, InCred Wealth, Manipal Group, Incred Asset Management

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View details of InCred's funding rounds and investors

The founders of InCred is Bhupinder Singh. Bhupinder Singh, Prashant Bhonsle and Prithvi Chandrasekhar are the CEOs of InCred.

Here are the details of InCred's key team members:

Bhupinder Singh: Founder & Co-CEO of InCred and founder of 10 other companies, including InCred Global Wealth, Incred Equities and InCred Premier. They are also an angel investor in 14 startups and serve on the boards of 4 companies.
Contact Info: 1 phone number
Prithvi Chandrasekhar: Co-CEO of InCred.
Contact Info: 1 email address and 1 phone number
Prashant Bhonsle: CEO of InCred.
Contact Info: 1 email address

InCred's Board of Directors

InCred's board has 10 active members. Bhupinder Singh and Vikram Sundarlal Agarwal are part of team and Rupa Rajul Vora, Saurabh Jhalaria, Debashish Dutta Gupta, Vivekanand Suryaprakash Periayapatnam, Sekar Karnam, Ambika Bisla, Antonius Theodorus Maria Bruijninckx and Shivani Virendra Singh Rawat are independent board members.

Here is the list of InCred's board of directors:

Name	Type	Representing	Status	Duration
Bhupinder Singh	Team	-	Past	2y 5m
Vikram Sundarlal Agarwal	Team	-	Current	1y 6m
Girish Dinanath Nadkarni	Investor	IDFC	Past	3y 2m
Saurabh Jhalaria	Independent board member	-	Current	1y 6m
Sekar Karnam	Independent board member	-	Current	4y 8m
Ambika Bisla	Independent board member	-	Current	1y 10m
Shivani Virendra Singh Rawat	Independent board member	-	Current	1y 10m
Rupa Rajul Vora	Independent board member	-	Past	0y 4m
Raj Vikash Verma	Independent board member	-	Past	0y 4m
Veena Pramod Gupta	Independent board member	-	Past	12y 7m
Debashish Dutta Gupta	Independent board member	-	Past	0y 8m
Deepak Narang	Independent board member	-	Past	0y 6m
Vijay Gupta	Independent board member	-	Past	5y 7m
Sushma Gupta	Independent board member	-	Past	5y 7m
Vivekanand Suryaprakash Periayapatnam	Independent board member	-	Past	0y 4m
Hoshang Noshirwan Sinor	Independent board member	-	Past	0y 0m
Parvinder Singh Singh Pasricha	Independent board member	-	Past	0y 5m
Antonius Theodorus Maria Bruijninckx	Independent board member	-	Past	0y 10m
Anil Gupta	Independent board member	-	Past	12y 7m

View details of InCred's Founder profiles and Board Members

InCred's employee count trend

InCred has 2,161 employees as of May 25. The total employee count is 18.0% more than what it was in May 24. Here is InCred's employee count trend over the years:

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Top competitors of InCred include Funding Societies, Finnable and Moneyview. Here is the list of Top 10 competitors of InCred, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	InCred 2016, Mumbai (India), Series D	Provider of financial services specializing in personal, education, and business loans	$320M	Nippon, Asas Capital & 130 others	82/100
2nd	Funding Societies 2015, Singapore (Singapore), Series D	Digital platform providing financing solutions for small businesses	$242M	Khazanah Nasional Berhad, Samsung Venture Investment ... & 53 others	80/100
3rd	Finnable 2016, Bengaluru (India), Series C	Platform offering online personal loans with minimal documentation	$90.2M	Z47, India Nippon Electricals & 28 others	79/100
4th	Moneyview 2014, Bengaluru (India), Series E	Provider of loans, credit cards, gold investment, insurance, and UPI	$215M	Accel, Tiger Global Management & 25 others	76/100
5th	Vivriti Capital 2017, Chennai (India), Series D	Provider of technology-enabled debt financing solutions to mid-market enterprises	$205M	Creation Investments, TVS Capital Funds & 22 others	75/100
6th	BlackSoil 2010, Mumbai (India), Series C	Provider of alternative debt and supply chain financing solutions to businesses	$36.3M	FMO, MAHAVIR AGENCIES & 11 others	72/100
7th	Fibe 2015, Pune (India), Series F	Provider of personal loans, credit lines, and financial wellness solutions	$250M	Eight Roads Ventures, Transcorp & 49 others	72/100
8th	Oxyzo 2016, Gurugram (India), Series A	Provider of financial solutions, including loans, for SMEs and corporates	$201M	Alpha Wave Global, Creation Investments & 7 others	71/100
9th	Credit Saison 2019, Bengaluru (India), Series D	Provider of diverse financial products and lending solutions for businesses and individuals	$144M	Mizuho Financial Group	70/100
10th	DMI Finance 2008, Delhi (India), Series E	Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans	$734M	MUFG, MUFG & 5 others	69/100

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Looking for more details on InCred's competitors? Click here to see the top ones

Founders own 1.00%, Funds own 24.86%, Parent Entities (largest shareholder) own 48.45% and Enterprises own 20.43%. The net worth of InCred's founders is INR 25.8Cr as of May 09, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	1.00%	25.8Cr	0	0	0	0
Bhupinder Singh	0	0	0	0	0	0
Fund	24.86%	643Cr	9510151	5900095	3384993	4007734
FMO	7222662	8386393	5946404	9818517	4575447	6442617
IDFC	171972	530179	124380	486861	963808	939225
Moore Ventures	28	41	93	29	30	95
Elevar Equity	59	62	66	67	41	27
Paragon Partners	5	3	5	5	8	6
Alpha Capital	5	4	6	4	4	6
V Ocean Investments	0	0	0	0	0	0
Ingenious Seas Venture	0	0	0	0	0	0
UBR Capital	0	0	0	0	0	0
72 Degrees	0	0	0	0	0	0
Parent Entity	48.45%	1,250Cr	6843698	5416793	7773136	9408190
Enterprise	20.43%	528Cr	5546083	6259532	7735157	2518977
Other People	0.11%	2.74Cr	0	0	0	0
ESOP Pool	1.77%	45.7Cr	1	3	1	5
Other Investors	3.39%	87.8Cr	856	498	953	209
Total	100.00%	2,590Cr	9028806	3449641	1576206	9503968

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of InCred's Shareholding

InCred has made 36 investments in companies including Shapoorji Pallonji and Gaonrestaurant. InCred has also acquired 2 companies including Qbera and InstaPaisa.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 21, 2026	Investments	Shapoorji Pallonji	1865	Mumbai (India)
Jul 07, 2026	Investments	Gaonrestaurant	2017	Delhi (India)
Nov 30, 2025	Investments	FincFriends	2017	Gurugram (India)