About Incred Finance
InCred Finance is an alternative lending platform focusing on SME loans, consumer & personal loans, home loans and education loans. For education loan, the company is targeting students studying abroad and is planning to tie-up with top-notch institutions in the west. For mortgages & SME loans, InCred plans to use the DSA network. For personal loans, the company would access borrower's credit history and sanction instant loan. The company plans to launch its offerings in 10 cities. Acquired Instapaisa, a B2C lending platform. In Aug 2016, InCred announced a $75M funding round. In the $75M round, Bhupinder Singh invested $22M, Anshu Jain - former Deutsche Bank co-CEO invested $7.5M, Ranjan Pai - MD & CEO of Manipal Group invested $22M, Gaurav Dalmia - Founder and Chairman of Landmark Holdings invested $7.5M, IDFC PE and Alpha Capital invested $7.5M each
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