NEW DELHI: InCred Wealth has clocked over $1.2 billion (Rs 9,000 crore) of Assets Under Management with over 1,600 HNI/UHNI clients in a little over a year, the company said.
“Our domestic clients are spread across over 50 Indian cities with NRI clients present across 10 countries, which highlights the respect enjoyed by our brand and the breadth and innovation of our product offerings,” said Nitin Rao, CEO, InCred Wealth.
The company has roped in senior UHNI bankers like Vivek Kapoor and Nakul Beri. Kapoor has over 18 years of experience in private wealth management and banking across India and the UK, having previously worked at Barclays Wealth and DSP Merrill Lynch.
Nakul has 25 years of Corporate and Private Banking experience across multiple geographies, having worked with Citibank, Standard Chartered, Barclays and his last assignment was in Singapore with Union Bancaire Privee.
“I am personally extremely excited about the growth prospects for our Wealth Management business. Our unique blend of innovative products, an entrepreneurial start-up culture and the ability to hire top talent has helped us to hit the ground running with a long runway for growth in the years to come,” said Bhupinder Singh, founder & group CEO, InCred.