InCred Alternatives Investments, the alternative investment platform of InCred Group, Thursday said it has floated its maiden private equity fund.
InCred Growth Partners Fund-I (IGPF-I), which is ..
InCred Finance's core loan book witnessed 55 per cent growth (on-year), crossing Rs 8,000 crore in Q3 FY24. The cost-to-income ratio saw a healthy decline from 56 per cent to 44 per cent. Fintech Unicorn InCred Profit Rises to 132% Growth in Q3 FY24, Says Report.
India ranks third on the list of most unicorns birthed by a country, but only two companies hit the $1-billion-plus valuation last year. The new economy of startups had contributed 15 public listings so far, the report added.
Brokerage firm InCred upgraded Infosys to an ADD post Q3 results, Morgan Stanley also upgraded TCS to overweight post Q3 results, Axis Capital maintained an ADD rating on Polycab and Jefferies has a buy rating on Macrotech Developers.