The alternative investment platform of InCred Group, InCred Alternative Investments has announced the launch of its investment vehicle in private equity space - InCred Growth Partners Fund-I.

Incred Growth Partners Fund- I looks for investing up to 500 crore in private companies under various verticals including consumer, financial, technology & business services supplying undeniable opportunities in the market to highly potential individuals, family agencies and institutional investors.

InCred Group is a company offering financial services financial services under three businesses: InCred Finance - a ground-breaking credit-focused NBFC, InCred Capital - an incorporated institutional, wealth & asset management platform and InCred Money - a retail investment distribution sector.

On this launch, Bhupinder Singh, Founder & Group CEO, InCred says, “The launch of our private equity strategy helps us complete the bouquet of alternate funds for our HNI, UHNI and institutional investor base. Our best-in-class alternative investment management team will enable us to provide access to unique investment opportunities in the public and the private markets & evaluate the company' s potential".

Further, he added, "IGPF-I have been crafted to foster entrepreneurship, generate targeted returns for our investors, and bring together the founder and investor communities”.

Similarly, Vivek Singla, Managing Partner and CIO, Private Equity, InCred Alternative Investments said, "I feel it is an opportune time to launch a private equity fund; private market valuations are at realistic levels and there’s been a stark shift in the founders’ mindset from ‘growth at any cost’ to ‘profit after all the costs. The idea with our maiden private equity fund is to run a concentrated strategy and invest in no more than 7-9 companies where we have high conviction”.

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