Mumbai-based fintech startup InCred raises â¹300 crore
Mumbai-based digital lending startup InCred has raised â¹300 crore in funding led by Founder Bhupinder Singh and its private equity investors including Paragon Partners co-founded by Siddharth Parekh. The funds were raised to incubate a new business under the InCred platform. While Singh is reported to have invested around â¹40 crore, Paragon Partners invested â¹50 crore in the fund.