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InCred Alternatives Hits Final Close Of Maiden PE Fund

  • InCred Alternatives has announced the final close of its maiden private equity fund, InCred Growth Partners Fund-I (IGPF-I), with commitments exceeding INR 575 Cr.
  • The fund focuses on key investment themes, including consumption, enterprise, technology, and financial services.
  • IGPF-I has already invested in companies such as Manjushree Technopack, Shadowfax, Niva Bupa, and Purplle.
  • InCred Financial Services reported a 162% jump in consolidated net profit to INR 316.3 Cr in FY24.

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