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.