In the fast-paced world of fintech, where data analytics and technology are transforming traditional financial services, InCred has emerged as a trailblazer in the realm of online credit provision. Founded by Bhupinder Singh, a former Corporate Finance division head at Deutsche Bank, InCred has become a go-to platform for personal and business loans, utilizing cutting-edge data analytics to streamline lending processes and cater to diverse financial needs.

The inception of InCred can be traced back to its early days when it secured significant funding of Rs 500-600 crore from prominent investors Rajan Pai, MD & CEO of Manipal Group, and Gaurav Dalmia, Founder & Chairman of Landmark Holdings, IDFC PE, and Alpha Capital. This substantial financial backing allowed InCred to kickstart its journey towards revolutionizing the lending landscape.

In the ongoing narrative of the company’s growth, InCred Finance made a strategic move by acquiring InstaPaisa.com, a fintech platform, in 2015. This acquisition not only expanded InCred’s offerings but also strengthened its technological prowess in serving customers more efficiently and quickly. The company’s vision was to democratize access to credit by leveraging data insights and digital processes, thus empowering individuals and SMEs to meet their financial aspirations.

The support from key investors continued to bolster InCred’s growth trajectory, with Paragon Partners injecting Rs 25 crore into the company in March 2017. This infusion of capital further solidified InCred’s position as a frontrunner in the fintech industry, poised to lead the charge in making credit accessible and convenient for all.

InCred’s story showcases how a visionary leader like Bhupinder Singh, armed with a wealth of experience from the banking sector, steered a startup towards becoming a dominant force in the lending ecosystem. By harnessing the potential of data analytics, InCred has redefined lending norms, offering an array of financial products, including home loans, vehicle loans, education loans, and SME loans.

As InCred continues to expand its services and leverage data-driven insights, it exemplifies the spirit of innovation, pushing boundaries, and challenging the status quo. With a bright future ahead, InCred stands as a beacon of hope for borrowers seeking reliable and technologically advanced credit solutions.