iSprout Raises ₹60 Crore Debt Funding to Accelerate India-Wide Managed Office Growth

Hyderabad headquartered iSprout, one of India’s fastest-growing providers of managed office solutions, today announced that it has raised ₹60 crore in debt funding from Tata Capital, marking a significant milestone in its growth journey. The capital infusion will be used to accelerate expansion across key Indian metros, strengthen enterprise-grade infrastructure, and enhance its rapidly growing managed office portfolio.

“This investment strengthens iSprout’s position to further expand into the high-growth business hubs, allowing us to capture a larger market share in the flexible workspaces and scale with disciplined, asset-strategic growth. With strong occupancy and a robust pipeline, we are committed to delivering long-term value to our clients, investors, and stakeholders, while accelerating our growth journey, including plans for an IPO in the coming years”, said Sundari Patibandla, Co-founder & CEO, iSprout.

With flexible workspaces now becoming a strategic priority for both domestic and global enterprises, iSprout is witnessing strong demand for customized, fully managed office environments. The new funding enables the company to scale faster to meet this surge while maintaining its commitment to delivering high-quality, design-driven workspaces.

Sreeni Tirdhala, Co-founder & Chief Strategy Officer, said: “We have grown 10x in the last five years, and this investment aligns with our mission to build world-class managed offices. Enterprises and GCCs need flexible, high-performance work ecosystems. This funding reinforces our ability to deliver tech-enabled, future-ready spaces. We’re excited to scale with speed and quality.”

iSprout plans to deploy the capital towards new centers in Indian tier 1 and tier 2 cities, along with upgrades to its technology, workspace customization capabilities, and end-to-end facility management services.

With presence across 9 cities, and 25 state-of-the-art centres, iSprout has a portfolio of 2.5 million sq. ft., including spaces that are currently under rapid development.

About iSprout: iSprout is a leading Indian managed office space provider catering to Global Capability Centers (GCCs), large enterprises, and startups. Known for its vibrant designs, enterprise-ready infrastructure, and comprehensive managed services, iSprout enables businesses to scale quickly without operational complexities. With centers across major Indian cities, iSprout continues to redefine modern office experiences through flexibility, customization, and community-driven engagement. The company is currently present in 9 Indian cities with 25 centers and has a portfolio of 2.5 million sq. ft., including spaces that are currently under development.

Adani Close to Seal $332 Mn Debt Deal for Its Queensland Port

Adani Group is reportedly close to securing a $332 million debt deal for its Abbot Point coal terminal in Queensland, a state in northeastern Australia. This deal is significant as it tests lenders' renewed interest in financing fossil fuel projects.

It's part of Adani's broader strategy to raise funds and continue its operations in Australia, despite facing challenges like the recent short-seller report.

The company is said to be in advanced talks with private lenders to provide new debt to settle the $332 million obligation its Abbot Point coal terminal must pay before June. There is no guarantee the talks will be successful.

This private credit loan is for Adani Group's North Queensland Export Terminal (NQXT), which operates the Abbot Point coal terminal in Queensland. The loan is reportedly being provided by Farallon Capital Management and King Street Capital Management.

North Queensland Export Terminal (NQXT) owns and operates a 50 million tonnes per annum coal export terminal under a long-term lease from the Queensland state government. The terminal is a key asset for Adani's coal export activities, particularly from the controversial Carmichael mine.

The North Queensland Export Terminal (NQXT) is controlled by the Adani family trust and plays a crucial role in Adani Group's operations in Queensland. The recent $332 million debt deal is directly related to NQXT, as the funds raised will be used to refinance existing debt and support the terminal's operations

This possible deal is part of Adani's strategy to refinance existing debt and continue its operations despite global banks becoming more reluctant to finance commodity-related companies due to ESG (Environmental, Social, and Governance) concerns.

The loan will be significant as it tests lenders' renewed interest in fossil fuel financing, especially after Adani Group faced a scathing short-seller report last year. Despite this, the group has announced plans to invest $100 billion in green energy over the next decade, aiming to become a net zero emitter by 2050.

GreenCell Mobility Gets Rs 3,000 Cr Commitment from Govt's REC Ltd

Mumbai-based GreenCell Mobility, a pan-India shared electric mobility player, has signed a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a commitment of Rs 3,000 crore, for sustainable transportation in the country.

The INR 3,000 Cr worth of MOU was signed with REC for financing of over 3,000 electric buses and catalyse investments in battery storage and charging infrastructure at the G20 Energy Transition Working Group, under the backdrop of India's G20 Presidency.

On the debt funding, the company said, "This significant investment will accelerate our mission towards sustainable and eco-friendly urban transportation in India."

REC will offer this financial assistance in the form of debt funding to support the company’s projects.

As part of the agreement, GreenCell Mobility along with its subsidiaries, or ventures that work in the business of electric mass mobility as a service, will be eligible to avail financial assistance from REC for their related activities during the next five years, up to March 2028.

Last year in August, GreenCell launched NueGo, a premium electric inter-city coach services brand.

A couple of days back, REC, along with Power Finance Corporation Ltd. (PFC), infused ₹64000 Crore ($7.8 billion) into Renew Power, a renewable energy company, to fund it's current and future solar & renewable energy projects in India.

Coming back to GreenCell Mobility, it has been promoted by Eversource Capital, India's leading climate impact investor. Eversource Capital is an equal joint venture between Everstone Group, one of Asia's premier investment manager with assets in excess of US$7, and Lightsource bp, a global leader in development and management of solar energy projects.

Eversource manages India's largest climate impact fund with anchor investments from India's National Investment & Infrastructure Fund and UK Government's Foreign, Commonwealth & Development Office (FCDO). The fund is focused on building a platform to provide Electric Mobility-as-a-Service (eMaaS), initially using electric buses and deliver the core value proposition of cheaper non-polluting on demand shared transportation, charging infrastructure and enabling products for e-mobility value chain.

User Engagement Platform CometChat Raises Rs 40 Cr in Venture Debt led by Utah based Zions Venture Fund

• CometChat enables top enterprises to integrate critical functions like chat, voice & video within websites and apps
• CometChat has recently integrated with Chat-GPT
• Funds raised to be used for scaling up its product offering, strengthen presence in Europe and expand strongly in the APAC region.
• CometChat so far has raised over 145 Cr and is backed by marquee investors like Signal Peak Ventures, Matchstick Ventures, Range Ventures and Unbound Ventures
• CometChat’s engagement metrics has grown 3x in the last 12 months
• The startup has handled over 800 million connections and has been doubling revenues every year

User engagement platform CometChat has raised Rs 40 crore in a Venture Debt round led by Utah based Zions Venture Fund. Funds raised will be used for scaling up its product offerings, strengthening its presence in Europe and expanding data centres strongly in the APAC region. This will also further strengthen CometChat's position as the startup continues to support its enterprise customers with mission critical real time engagement infrastructure.

(L-R) – Anuj Garg and Anant Garg

CometChat has raised Rs over 145 crore till date and is backed by marquee investors including Signal Peak Ventures, Matchstick Ventures, Range Ventures and Unbound Ventures.

CometChat with its headquarters in Denver and Mumbai was incorporated in the US in 2019 by twin brothers Anuj Garg and Anant Garg. The CpaaS startup works with top global enterprises by providing them a full-fledged messaging and communications platform within apps and websites to improve brand’s user engagement. It allows users to get real time engagement and have conversations via messaging, voice calling and HD video chat. The software provides user to user engagement for a growing customer base via robust offering and helps enterprises save hundreds of developer hours and the associated costs that companies have to otherwise spend in building this tech from the scratch.

Anuj Garg, Co-founder CEO, CometChat, says, “We are a revenue focused business continuously growing in large international markets. Thus, our business fundamentals and strong balance sheet has enabled us to raise this round as we are in a comfortable position to service the debt. The aim is to raise capital for an extended runway of 5 years as we put our growth plans in the fast lane.”

In the last 12 months, CometChat's customer base has grown by 3X and product usage by 300%. The Company with its B2D (Business to developer) approach, has handled over 800 million connections so far. The Company has earned numerous awards including, ‘Established Product/ at the 30th Annual HYSEA Summit and “Best Estimated ROI” by G2.

Sam Clark, MD, Zions Venture Fund, says, “Zions is thrilled to be partnering with CometChat for this debt facility. We have been impressed by the team and what they have accomplished to date. Excited to be a part of the journey and support the Company through its phases of growth.”

In addition to fuelling growth by expanding in the new markets with its developer first approach CometChat holds a strong position in the North American region. It not only has robust offerings like SDKs and APIs, Open Sourced UI Kits and Widgets, the startup now has integrated with a large language model chatbot popularly known as ChatGPT.

CometChat is emerging as a trustworthy communication platform worldwide and is presently working with sectors like marketplaces, community apps, telehealth applications, ed-tech, any internal messaging or enterprise system. 

About CometChat:

Trusted by over 50,000 developers worldwide, CometChat’s communication platform provides easy to use text chat, voice and video functionality for websites and apps across all industries. Their dedicated team has obsessed over building a scalable, secure and easy to use communication platform that delivers meaningful user to user engagement for a growing customer base via a robust offering of Chat APIs, SDKs, and Open Sourced UI Kits & Widgets. With headquarters located in Denver, Colorado, the global team is united by a shared mission to fuel our customer’s growth through meaningful user to user engagement.

LoanTap Group Raises Rs.24 Cr in Venture Debt Funding Led by Lighthouse Canton

Out of the total investment, INR 15 Cr was by Lighthouse Canton

Global investment institution Lighthouse Canton led the venture debt funding round of INR 24 Cr in LoanTap through its venture debt fund, a Category – II Alternative Investment Fund (AIF). As part of the funding, LoanTap has received one of the first cheques for its unique digital lending platform, LTFLoW. Lighthouse Canton’s total share in this round amounts to INR 15 Cr, among other investors.

LoanTap Founders

The AIF is part of Lighthouse Canton’s Southeast Asia & India venture debt strategy. The AIF has a capacity of INR 550 crores and a Greenshoe option of additional INR 550 crores, and it successfully reached a first close of INR 155.4 crores earlier this year. Through the AIF, Lighthouse Canton provides debt capital to technology-enabled start-ups across India.

LoanTap Financial Technologies (LFTPL) offers end-to-end lending through LTFLoW for sourcing, delivery, and asset management. This AI-driven technology platform has been adopted by over 30 e-commerce sourcing partners. It has 10+ LTFLoW clients, including some of India's major banks, Non-Banking Financial Companies (NBFCs), payment platforms, and ERP solution providers catering to roughly 2 million micro, small, and medium-sized enterprises (MSMEs). LFTPL has facilitated loans worth INR 1700 crores for its subsidiaries and technology clients. They have two RBI-registered NBFCs subsidiaries that offer tech-driven credit solutions to salaried professionals and MSMEs in the personal finance, supply chain invoice financing, and electric two-wheeler (e-2W) categories.

Based in Pune, LoanTap was founded by seasoned professionals Mr Satyam Kumar and Mr Vikas Kumar, with over 23 years of experience in banking and technology, respectively. Renowned equity funds, including Kae Capital, India Quotient, Avaana capital, 3one4 capital, Shunwei capital, and Tuscan ventures, are backing LoanTap. It is supported by debt facilities from nearly 20 lenders. Additionally, it has its debt issuance programme where the instruments like NCDs and CPs are regularly subscribed by nearly 300+ HNIs and family offices in India.

Satyam Kumar, Co-founder and CEO at LoanTap, said, "It’s our pleasure to have Lighthouse Canton on board in our growth journey, and excited for the passion resonated by Ankit Agrawal and Sanket Sinha in the potential of LTFLoW platform in delivering the digital credit solutions in India."

Ankit Agrawal, Director of Venture Debt at Lighthouse Canton, said, “We are excited to be a part of the debt round in LoanTap. Solutions offered by their LTFLoW platform have been helping MSMEs and retail customers to avail loans. The platform is gradually modernizing lending processes and we are looking forward to supporting the company's growth objectives through our venture debt strategy.”

Lighthouse Canton, headquartered in Singapore, is a global investment institution with wealth and asset management capabilities. The venture debt strategy comprises a Singapore based Variable Capital Company (VCC) for investments in Southeast Asia, and a Category II AIF for investments in India. The strategy has seen active participation from onshore and offshore institutions and family offices, and is the second strategy that it has launched which focuses on the venture ecosystem.

It had earlier launched a partnership to invest in venture equity in the Indian startup ecosystem, and successfully closed a US$40m fund to invest in 27 pre-series A and series A companies across various sectors.

About LoanTap

LoanTap offers innovative loans to help millennials achieve a life that they desire. They differentiate in the otherwise cluttered Personal Loan segment and deliver fastest Personal Loans at customer friendly terms. LoanTap has in-house RBI registered NBFC. Our focus is to delight our customers by helping them choose the best loan products.

About Lighthouse Canton

Headquartered in Singapore, Lighthouse Canton is a global investment institution with wealth and asset management capabilities. We employ over 100 experienced professionals across our offices in Singapore, Dubai and India and oversee over 3 billion US dollars worth of assets under management and advisory (as of 30th September, 2022).

Lighthouse Canton creates value through innovative investment solutions for accredited private clients, institutional investors and an ecosystem of founders and entrepreneurs globally. Our Asset Management service comprises strong product capabilities across private and public markets. We run diversified strategies such as private equity in real estate, direct lending, venture equity, venture debt, public equities, and global macros.

Our Wealth management service caters to corporates, ultra-high net worth individuals, family offices, founders and entrepreneurs, to help with their personal and business investment needs with tailored investment advisory, portfolio management, treasury, business & family office solutions.

Lighthouse Canton Pte Ltd is regulated by the Monetary Authority of Singapore (“MAS”) and is an Exempt Reporting Advisor (“ERA”) in the United States. Lighthouse Canton Capital (DIFC) Pte Ltd in Dubai is regulated by the Dubai Financial Services Authority (“DFSA”). LC Capital India Pte Ltd is registered with the Association of Mutual Funds in India (AMFI).

For more information, please visit our website or write to us on info@lighthouse-canton.com

Why Mezzanine/Hybrid Debt is Becoming the Perfect Form of Funding for Small and Medium Enterprises

Businesses need funding to grow, and small and medium enterprises often find it difficult to obtain debt financing because banks and NBFCs are wary to lend to small businesses. The limited collateral, erratic cash flow, and below-average debt-to-income ratio become pain points when it comes to raising debt. The growing demand for alternative financing has therefore led to the growth of alternative asset management i.e., Venture Debt, and Private Credit/Debt firms.

Ankur Agarwal, Co-Founder & CTO, PE Front Office

These Alternative Investment firms can provide funds to small and mid-sized enterprises quickly and efficiently in different forms i.e., equity, debt, and mezzanine debt, etc. When it comes to equity and debt financing, enterprises may be apprehensive because either they may not want to dilute the ownership stake, or they may be unwilling to borrow debt due to a lack of collateral or reluctance to provide a personal guarantee.

Mezzanine/Hybrid financing fills the gap between equity and debt in terms of payout priority — superior to equity and subordinate to senior debt. While there can be multiple ways in which a Mezzanine debt can be structured, the most commonly used structure is the one that has an equity component in the form of warrants. Mezzanine debt also known as subordinated debt, offers flexible repayment terms such as monthly or quarterly Interest payments, with the principal to be repaid at final maturity. Further, there can be a convertible structure that allows the lender to convert all or a portion of the principal into equity. Mezzanine funding is also ideal for companies that don’t have the capital to self-finance big expansion moves or those with good positive cash flows.

Mezzanine/Hybrid Debt is an ideal option for borrowers as it offers the following benefits:

• Designed to allow the owners to retain complete control of the company.
• Lenders do not interfere with the working of the business and remain passive.
• Does not require a personal guarantee or collateral.
• Offers less restrictive covenants than senior debt.

Further, Mezzanine/Hybrid Debt also offers the following benefits to lenders as well:

• Yields attractive returns between 12 to 20% annually which is considerably higher than other forms of debt.
• Ranked ahead of equity investors when it comes to repayment which offers a safer avenue to investors in cyclical markets.
• Offers the lender an option to convert the debt into equity at a future date.

These are some reasons why a growing number of enterprises are opting for Mezzanine/Hybrid debt to manage expansion, acquisitions, etc. It is becoming a financing option of choice for small and medium enterprises resulting in a thriving Alternative Investment sector with a record number of deals being signed.

The ever-rising numbers of deals and investments have made the task of Investment managers very tough, given that most Alternative Investment firms still rely on traditional tools like Excel to manage their investments. Therefore, it is worthwhile to also discuss the benefits that technology offers in managing Mezzanine/Hybrid debt investments by addressing some of the major pain areas such as:

• Tracking investment pipeline
• Capturing cashflow transactions including interest repayments
• Managing different Mezzanine debt scenarios, for example, conversion of investment from debt to equity
• Tracking periodic valuations and performance metrics such as IRR/MoC (Multiple of Capital or Times money back)
• Monitoring Portfolio Financials/KPIs and ESG metrics
• Investor On-boarding, Communication, and Reporting
• Managing Capital Calls and Drawdown/Distribution
• Tracking Fund Cost and Fund Performance Metrics

There are many technology providers in the market today that offer independent solutions for specific processes such as Deal Flow Management, Investment Management, Portfolio Monitoring, Investor Management, and Fund Management. However, integrated technology solutions that offer end-to-end investment management capabilities have carved a niche for themselves in this industry. These solutions not only help in enhancing operational efficiencies but also add to the productivity of the investment team by offering mobile apps, email plugins, and built-in analytics. Such software solutions facilitate the process of alternative financing and make the experience safe, smooth, and seamless for all the stakeholders

If used strategically, both enterprises and Alternative Investment firms can benefit from Mezzanine funding. For enterprises, it is a good funding option that offers to reduce the cost of capital while ensuring that there is still an opportunity for borrowing funds from banks. On the other hand, for Alternative Investment firms, Mezzanine investments offer some of the highest return rates.

(The Author of the article is Ankur Agarwal, Co-Founder & CTO, PE Front Office)

U GRO Capital Impact Financing Get Endorsement of Swiss-based responsAbility through a Debt Investment of INR 138 Crores

U GRO Capital, a listed, small business lending MSME focused fintech platform raised its first impact focused debt investment of INR 138 cr from funds managed/ advised by Switzerland based impact investor responsAbility. The transaction was structured in two legs - in the first leg, an INR 31 Cr equivalent USD-denominated ECB was raised which was followed by INR denominated NCDs totalling INR 107crs in the second leg.

The ECB transaction was done via an innovative social bond structure created as a result of joint efforts of the Swedish International Development Agency (SIDA), responsAbility and Danske bank to mobilize USD 177.5 Mn of debt capital from private investors. These entities joined forces to contribute to the Sustainable Development Goals of the UN 2030 agenda and launched a social bond that bundles loans to innovate companies in capital scarce regions operating in in the financial inclusion, healthcare and WASH (water, sanitation, hygiene), agriculture and climate finance sectors, and that have a measurable, positive social impact.

The ECB transaction was completed in record time of 3 months.

U GRO Capital aspires to become the largest MSME platform in India and this transaction which brings in support of DFIs to its overall objectives reaffirms the faith of its 50+ lenders in its business model. This transaction is the first of its kind for U GRO Capital and is expected to provide a boost to the overall targets it wants to achieve; the company will be looking forward to many such transactions over the coming years.

Mr. Shachindra Nath, Executive Chairman and Managing Director, U GRO Capital said, “This partnership marks a milestone in our journey as we share a common vision of financial inclusion with responsAbility and we continue to expand our reach and scope. DFIs and impact investors are critical funding partners to help us bridge the MSME credit gap in India and with this transaction, we have been able to affirm impact investors’ confidence in our business model. This transaction opens up a new stream of debt financing for us as we continue to leverage our technology and credit expertise to service MSMEs across the spectrum through our multi-channel distribution model.”

Rudrashis Roy, Investment Officer – Financial Institutions Debt, responsAbility said, “India continues to be an important market for funds managed or advised by responsAbility and we are excited to work with a like-minded partner like U GRO Capital to improve access to finance in the country. We were impressed with the way U GRO Capital has been able to offer credit products across the entire MSME spectrum through a multi-channel distribution strategy and how it is trying to solve problems related to data availability and quality in MSME underwriting through the use of technology and data analytics.”

The proceeds will serve as crucial funding to the Micro, Small and Medium Enterprises (MSME) segment in India. Lending to U GRO Capital directly contributes to the UN Sustainable Development Goals (SDGs) in a large economy characterized by a large lending gap for Small and Mid-Sized Enterprises that hinders job creation, fuels inequality, and stifles economic development

U GRO Capital currently has 75 branches across 9 states. It aims to expand the branch network to 100 by FY2022 and intends to reach 250,000 MSMEs in the coming 4 financial years.

About U GRO Capital Ltd.

U GRO Capital limited is a listed (NSE, BSE), MSME lending fintech platform. U GRO Capital’s mission is ‘Solve the Unsolved’ – Small Business Credit Need with its omnichannel distribution model combining physical and digital journey of the customer. The Company envisions to spearhead India’s transition of MSME lending market to the new age of on-tap financing. It uses the emerging Data Tripod of GST, Banking and Bureau coupled with its sectoral analysis to solve the problem of credit for small businesses.

U GRO Capital aspires to serve one million small businesses with an asset book of 1% of outstanding MSME credit of India as its first milestone.

Technology underpins every aspect of U GRO Capital’s lending process, from API integrations, sectoral and sub-sectoral statistical scorecards, state-of-the-art AI/ML credit underwriting engine combining bank, bureau and GST statement analysers, automated policy approvals, and machine learning OCR technology. Company’s GRO Extreme platform empowers fintech and other institutional platforms to deepen their distribution reach through a plug and play API driven seamless integration with U GRO Capital. The company has developed full tech stack to fully automate the complete life cycle of a loan right from origination to collection during the entire customer journey.

The company has raised ~INR 2500 crore of equity & debt capital from marquee private equity investors, family offices, banks and other financial institutions over the last 3 years.

About responsAbility

responsAbility has invested over USD 11 billion in emerging markets since 2003, and as an impact asset manager, focuses on climate finance, sustainable food production, and financial inclusion. It works closely with players in local markets, as it maintains offices around the globe, in order to strategically take steps to directly contribute to reaching the UN’s Sustainable Development Goals. Currently, responsAbility manages USD 3.7 billion in assets invested in over 300 ESG-vetted high-impact companies in nearly 80 countries.

On January 27, 2022, M&G plc, the international savings and investments business, announced that it has agreed to acquire a majority stake in responsAbility Investments AG. M&G has agreed to acquire approximately 90% of the issued share capital of responsAbility and expects to acquire the remaining 10% in due course. The acquisition is subject to regulatory approval.

This press release may contain projections and other forward-looking statements regarding future events or future financial performance. These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. Given business risks and uncertainties, undue reliance on these forward-looking statements should not be placed. Actual events or results may differ materially from those contained in the projections or forward-looking statements.

InCred Raises ₹ 500 Cr, Looking to Boost Lending Across Segments

InCred, the new-age financial services platform that provides Consumer and MSME loans, has raised Rs. 500 crores debt funding from various public sector banks and public financial institutions. The debt issuance took the form of Term Loans, NCDs (under LTRO and PCG scheme) and Market Linked Debentures. This round of debt financing will boost InCred’s lending expansion across select segments in the Consumer, Education and MSME markets.

This funding comes within a month of the news of the fintech lender acquiring fintech platform Qbera to augment its digital distribution capabilities.

Speaking on the development, Mr. Vivek Bansal, Group CFO of InCred said “InCred is strengthening its funding base to support its growth vision. The recently concluded debt issuance is an endorsement of our business model, risk and analytics philosophy, and our prudent ALM policies.”

InCred had earlier raised Rs 600 crore equity Series A funding round which was led by Dutch

development finance institution FMO, the round also saw participation from US-based asset

manager Moore Capital, India/Latin America-focused PE fund Elevar, and Alpha Capital (an early- stage investor of InCred). InCred has an equity base of over 1,000 crores with a marquee investor roster including the Dutch development bank FMO, Moore Capital from the USA, Investcorp Bahrain, Oaks Capital and others including Dr. Ranjan Pai of Manipal and Anshu Jain, Ex CEO of Deutsche Bank.

Since its inception in 2016, InCred has added over 500,000 customers in 20 plus cities across India and has established a strong reputation in the market for its risk management capabilities and cutting edge tech backbone.

About InCred:
InCred is a new-age financial services group founded with the vision of providing credit to Incredible India and thus, furthering financial inclusion in the country. The company endeavors to disrupt the status quo in traditional lending that seems to exclude those most in need of credit, due to outdated, rigid, and often inefficient processes. The company has designed its products with a razor-sharp focus on serving the unique needs of these under-served segments of customers and leverages technology and data-science to make lending quick, simple, and hassle-free. It aspires to be the key partner for all financial requirements of an Indian family. 

Founded in the year 2016 by Bhupinder Singh, former head of Investment Banking Deutsche Bank Asia-Pacific, the company launched market operations in January 2017.

InCred offers a broad portfolio of products that cut across key categories such as Personal Loans, SME Loans & Education Loans