<ul data-eligibleForWebStory="true"><li>InCred Money, part of InCred Group, is entering retail broking by acquiring South Asian Stocks Limited, known as Stocko.</li><li>Stocko, based in Delhi, will be rebranded as InCred Stocko post regulatory approvals, with its team joining InCred Money.</li><li>Financial terms of the acquisition have not been disclosed.</li><li>This move allows InCred Group to offer equities and derivatives trading, broadening its services to include retail broking.</li><li>InCred aims to create a financial ecosystem covering lending, asset management, capital markets, and retail investing, supported by technology.</li><li>InCred's founder Bhupinder Singh sees Stocko as a platform with significant volume that can be enhanced with technology and customer-centric approach.</li><li>Stocko, established in 2013, caters to active traders and retail investors, providing trading options across various instruments with a starting order cost of INR 2.99.</li></ul>

InCred Money Forays Into Retail Broking With Stocko Acquisition

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