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Founded
2016
Headquarters
Mumbai (India)
Status
Series D
Company Details
InCred is a Mumbai-based diversified financial services firm that operates as a new-age Non-Banking Financial Company (NBFC). The company focuses on leveraging technology and data science to offer a range of financial products and services, making lending processes quick, simple, and hassle-free.
Business Model
InCred utilizes advanced technology and analytics to streamline the lending process. By focusing on customer experience and operational efficiency, InCred aims to cater to the financial needs of diverse customer segments, including individuals and small to medium enterprises (SMEs).
Products and Services
Personal Loans: Quick approval for personal financing needs.
Education Loans: Financial support for students pursuing higher education.
Business Loans: Tailored financing solutions for businesses.
Merchant Loans: Financing options designed for digital merchants.
Supply Chain Finance: Solutions aimed at optimizing cash flow in supply chains.
Mission and Vision
Mission: To build a world-class financial services brand that meets the economic needs of every Indian family while playing a significant role in shaping the country’s financial ecosystem.
Vision: InCred aims to empower every individual in India by providing accessible financial services that facilitate informed decision-making regarding their financial journeys.
Key Metrics
Total Equity Funding
$318Million
No. of Funding Rounds
8
Latest Funding Round
$60.1Million, Series D
as of November 9, 2023
Post Money Valuation
$1.04Billion
as of December 23, 2025
Funding Multiple
17.2
as of December 23, 2025
Investors
Paragon Partners
and 8 moreEmployee Count
1745
Similar Companies
Fibe
Exit Details
-
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| November 9, 2023 | Series D | $60.1Million | - | $107.0K | - | InCred Capital, VCAPL,: Sattva Group, Nabs Vriddhii |
| April 26, 2019 | Series A | $85.6Million | $367.0Million | $46.9Million | - | Alpha Capital, Vistra ITCL, Alpha Capital, V Ocean Investments |
| November 21, 2018 | Series A | $41.9Million | - | $37.8Million | - | Paragon Partners |
| November 30, 2017 | Series A | $99.3Million | $470.0Million | $13.2Million | - | KKR |
| March 23, 2017 | Series A | $30.7Million | $129.0Million | $359.0K | 272.8x | Ingenious Seas Venture, Dalmia Bharat, Innovative Quest, Echjay Industries, Pink Ginger Arts LLP, Save Power Llp, Bona Terra Greenhouses, Earnest John & Company, Neevya Solar, Protos Engineering, Sanpower Solar, Bona Terra Greenhouse Llp, IDFC,Paragon Partners, UBR Capital, 72 Degrees |