<ul data-eligibleForWebStory="true"><li>Zerodha cofounders Nikhil and Nithin Kamath invested INR 250 Cr to acquire a minority stake in InCred Holdings Limited.</li><li>The investment was made ahead of InCred Financial Services Ltd's expected IPO.</li><li>Nikhil Kamath views supporting InCred as a bet on responsible lending's potential for expansion.</li><li>InCred aims to create a financial ecosystem covering lending, asset management, capital markets, and retail investing.</li><li>Founded in 2016 by Bhupinder Singh, InCred Group runs three entities in the BFSI sector.</li><li>The three entities are InCred Finance, InCred Capital, and InCred Money.</li><li>InCred Finance merged with KKR India Financial Services in 2022.</li><li>In December 2023, InCred achieved unicorn status.</li><li>InCred plans to raise INR 4,000 Cr – INR 5,000 Cr through its upcoming public listing.</li><li>The IPO is expected to be launched by the end of 2025.</li></ul>

Kamath Brothers Pick Up INR 250 Cr Minority Stake In IPO-Bound InCred

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