InCred Holdings Limited was incorporated in 2011 and it is a diversified financial services company engaged in merchant banking, debt syndication, debt advisory, corporate consultancy, fund-raising, and investment management services. InCred offers a diversified lending portfolio across Personal Loans, Student Loans, Secured Business Loans, Specialized MSME Loans, and Lending to Financial Institutions. The company is registered as a Merchant Banker with SEBI and also acts as an investment manager to a SEBI-registered Alternative Investment Fund. The company derives a significant portion of its business through its material subsidiary, InCred Financial Services Limited (IFSL), a retail-focused, middle-layer NBFC registered with the Reserve Bank of India. As of March 31, 2025, the company had Assets Under Management (AUM) of ₹12,585 cr and reported a Profit After Tax (PAT) of ₹373 cr.