InCred Group

InCred Group is an Indian non-bank financial services group built around the InCred brand, which it uses across consumer lending, education finance, small-business lending and wealth management. The group was founded in 2016 by Bhupinder Singh, a former Deutsche Bank executive, and is headquartered in Mumbai. It is privately held and backed by a mix of global institutional investors and Indian family offices. InCred's business model centres on technology-enabled retail and small-business credit. Its consumer lending arm provides personal loans and other unsecured credit to salaried and self-employed borrowers, while its education finance business funds students, including those studying abroad. A separate SME lending vertical serves small and medium enterprises, and the group's wealth management arm distributes investment products to affluent clients. The group has expanded through a combination of organic growth and acquisitions of lending portfolios and businesses. InCred has positioned itself as a data- and technology-driven lender targeting under-served retail and SME segments in India, a market where traditional banks have limited reach. It has raised substantial equity capital from investors over its history and has publicly signalled ambitions to scale into a larger diversified financial services platform. The group operates primarily in India and is not listed on a stock exchange. Note: the supplied evidence snippet does not relate to InCred Group and contains no information about the company; this dossier is therefore based on well-established public facts about the brand and should be treated as needing verification against primary sources.

InCred Group was founded in 2016 by Bhupinder Singh, a former senior executive at Deutsche Bank, with the aim of building a technology-led lending business in India. From its base in Mumbai, the group initially focused on consumer and small-business credit, using data-driven underwriting to reach borrowers that traditional banks served less effectively. Over the following years the group broadened its platform. It developed an education finance business lending to students, expanded its SME lending operations, and built a wealth management and distribution arm. Growth was pursued both organically and through acquisitions of lending businesses and portfolios, which allowed InCred to add scale, product lines and customer bases. InCred attracted equity investment from a range of institutional investors and Indian family offices, funding its expansion across retail and SME credit segments. The group has publicly framed its ambition as becoming a large, diversified financial services platform in India, and it has continued to invest in technology and data capabilities as the core of its lending model. The group remains privately held and operates principally in India. Detailed financial disclosures are limited because it is not listed on a stock exchange. Note: the supplied evidence snippet is unrelated to InCred Group and provides no information about the company; this history is based on well-established public facts and should be verified against primary sources.

• 2016

  InCred Group founded by Bhupinder Singh in Mumbai.

• Group expands into education finance and SME lending alongside consumer credit.

• InCred builds a wealth management and distribution arm.

Technology- and data-driven Indian lender focused on under-served retail and SME credit segments.

• Personal loans

  Unsecured consumer credit for salaried and self-employed borrowers.

• Education loans

  Financing for students, including overseas study.

• SME loans

  Business credit for small and medium enterprises.

• Wealth management

  Investment product distribution for affluent clients.

• 2026.08.26

  Reported2026.08.26

  InCred Capital launches InCred Black for ultra-high-net-worth clients[1]InCred Capital 推出面向超高净值客户的 InCred Blackadgully.com

  InCred Capital announced the launch of InCred Black, a wealth management proposition for ultra-high-net-worth individuals, entrepreneurs and business families, with Alok Agrawal, Harmeet Sahney and Zarksis Gotla joining as Co-Founders. The offering combines personalised wealth management with capabilities across asset allocation, alternatives, public and private markets, credit, liquidity solutions and global investing, backed by InCred Capital and the InCred Group.

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1. 1InCred Capital 推出面向超高净值客户的 InCred Blackadgully.com
2. 2InCred Capital launches InCred Black in major UHNI Pushthehindubusinessline.com