Friday, September 20, 2024
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Outlook India
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Incred Capital

InCred's subsidiary, Increment Wealth, took the lead in the funding round, contributing around $36.6 million

The company has claimed that Akbar Khan brings more than 20 years of experience in investment banking, corporate M&A, consumer and corporate finance, and fintech

With this investment, TeamNest is expecting to strengthen its footprint in the HR tech market in India

The acquisition will help InCred Capital to launch its retail-focused wealthtech platform InCred Money

With Rs 150 crore worth of assets under management (AUM) currently, it aims to bring in 40 new Grade A properties to achieve AUM of Rs 1000 crores within a year