InCred - About the company
InCred is a series D company based in Mumbai (India), founded in 2016 by Bhupinder Singh. It operates as a Provider of financial services specializing in personal, education, and business loans. InCred has raised $320M in funding from investors like FMO, KKR and Paragon Partners, with a current valuation of $1.04B. The company has 349 active competitors, including 51 funded and 10 that have exited. Its top competitors include companies like Funding Societies, Finnable and Moneyview.
Sectors and market segments that InCred operate in
InCred serves in the FinTech market segments.The primary business model of InCred is: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 **********
- 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
Post Money Valuation
$1.04B as on Dec 25, 2023
Ranked
1st among 349 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
2,161 as on May 31, 2025
Investment & Acquisitions
Legal entities associated with InCred
InCred is associated with 8 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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 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 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 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 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 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 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) |
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InCred's funding and investors
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 96 institutional investors and 35 angel investors.
Here is the list of recent funding rounds of InCred:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 04, 2025 | $46.8M | Conventional Debt | - | - | - | |
Mar 13, 2025 | $30M | Conventional Debt | - | - | - | |
Nov 09, 2023 | $60.1M | Series D | $1B | 6.8x |
Access funding benchmarks and valuations. Sign up today!View details of InCred's funding rounds and investors
InCred's founders and board of directors
Founder? Claim ProfileThe 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 9 other companies, including InCred Premier, InCred Group and InCred Holdings. 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, Shivani Virendra Singh Rawat and Antonius Theodorus Maria Bruijninckx are independent board members.Here is the list of InCred's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Past | 2y 5m | |
Team | - | Current | 1y 5m | |
Investor | IDFC | Past | 3y 2m | |
Independent board member | - | Current | 1y 5m | |
Independent board member | - | Current | 4y 8m | |
Independent board member | - | Current | 1y 9m | |
Independent board member | - | Current | 1y 9m | |
Independent board member | - | Past | 0y 4m | |
Independent board member | - | Past | 0y 4m | |
Independent board member | - | Past | 12y 7m | |
Independent board member | - | Past | 0y 8m | |
Independent board member | - | Past | 0y 6m | |
Independent board member | - | Past | 5y 7m | |
Independent board member | - | Past | 5y 7m | |
Independent board member | - | Past | 0y 4m | |
Independent board member | - | Past | 0y 0m | |
Independent board member | - | Past | 0y 5m | |
Independent board member | - | Past | 0y 10m | |
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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InCred's Competitors and alternates
Top competitors of InCred include Funding Societies, Finnable and Moneyview. Here is the list of Top 10 competitors of InCred, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
2nd |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 80/100 | |
3rd | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
4th | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 76/100 | ||
5th |  Vivriti Capital 2017, Chennai (India), Series D | Provider of technology-enabled debt financing solutions to mid-market enterprises | $205M | 74/100 | |
6th | Provider of financial products including UPI, loans, insurance, and mutual funds | $545M | 73/100 | ||
7th | Provider of alternative debt and supply chain financing solutions to businesses | $36.3M | 72/100 | ||
8th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 72/100 | ||
9th | Provider of financial solutions, including loans, for SMEs and corporates | $201M | 71/100 | ||
10th | DMI Finance 2008, Delhi (India), Series E | Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans | $734M | 70/100 |
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InCred's Latest cap tables and shareholding
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 |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 24.86% | 643Cr | 3695740 | 5768600 | 9302402 | 1444339 |
5847189 | 7667372 | 7234347 | 8260409 | 9906397 | 7178828 | |
489893 | 489433 | 508934 | 946516 | 119434 | 352853 | |
86 | 60 | 27 | 45 | 36 | 92 | |
40 | 46 | 72 | 71 | 56 | 60 | |
6 | 5 | 5 | 7 | 7 | 5 | |
6 | 5 | 4 | 5 | 8 | 6 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Parent Entity | 48.45% | 1,250Cr | 3333060 | 3032717 | 4464593 | 5992609 |
Enterprise | 20.43% | 528Cr | 8044677 | 2487672 | 9744801 | 2051950 |
Other People | 0.11% | 2.74Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 1.77% | 45.7Cr | 3 | 7 | 8 | 4 |
Other Investors | 3.39% | 87.8Cr | 630 | 376 | 654 | 358 |
Total | 100.00% | 2,590Cr | 7709402 | 5501571 | 1042335 | 9516457 |
To unlock detailed Cap Table of InCred Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of InCred's Shareholding
InCred's Investments and acquisitions
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
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 21, 2026 | Investments | 1865 | Mumbai (India) | |
Jul 07, 2026 | Investments | 2017 | Delhi (India) | |
Nov 30, 2025 | Investments | 2017 | Gurugram (India) |
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Reports related to InCred
Here is the latest report on InCred's sector:
News related to InCred
Filter this listMedia has covered InCred for a total of 23 events in the last 1 year, 4 of them have been about company updates and 2 about people movement.
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InCred Capital launches InCred Black for UHNIs, expands wealth management servicesEntrackr•Aug 25, 2026•InCred
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Ecozen to secure Rs 125 Cr in debt financingEntrackr•Jul 17, 2026•InCred, Indel Money, Ecozen Solutions
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FAQs about InCred
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