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InCred Capital Strengthens its Investment Banking Leadership Team with Senior Hires

InCred Capital Strengthens its Investment Banking Leadership Team with Senior Hires

InCred Capital appoints industry veterans for equity business

InCred Capital hires Prateek Indwar as Managing Director, Capital Markets, and Hitesh Mandot as Managing Director, Corporate Finance

InCred Capital forays into retail wealth-tech with the launch of InCred Money.

InCred Capital forays into retail wealth-tech with the launch of InCred Money.

InCredMAPE advises on the sale of Human Pharma Business of TTK Healthcare to BSV Pharma Private Limited, subsidiary of Bharat Serums & Vaccines

Bharat Serums & Vaccines (BSV), one of the top 10 Biotech companies in India backed by Global Private Equity Fund Advent International, has acquired the Human Pharma business of Chennai based TTK Healthcare. The human pharma division of TTK Healthcare accounted for 25% of total turnover of the company in FY21. TTK’s portfolio, having a strong focus on infertility and…

InCredMAPE advises on the $128 million Series E fundraise for Ather Energy from NIIF, Hero MotoCorp and others

Ather Energy is one of the leading Electric Vehicle companies in India with over 30,000 vehicles sold to date, and backed by marquee investors such as Hero MotoCorp, Tiger Global and Sachin Bansal. Ather Energy already has a robust retail sales network across the country, with presence in 32 cities with 38 Experience Centres and aims to expand to 150…

InCredMAPE advises Shriram Asset Management Company on a strategic investment by Mission1 Investments LLC

Shriram Asset Management Company (Shriram AMC) a part of Shriram Group, is one of India’s leading financial conglomerates with a dominant presence in commercial vehicle (CV) financing, retail financing, chit fund, equipment financing, housing finance, life insurance, general insurance, stockbroking, distribution of financial products, and wealth advisory services with a total client base of 20+ million customers. Mission1 Investments LLC…

InCredMAPE advises on the sale of Curatio Health Care to Torrent Pharmaceuticals

Torrent Pharmaceuticals Limited (Torrent Pharma) has acquired Curatio Health Care (I) Private Limited (Curatio), a branded generics company founded by pharma veterans, enjoying a market leading position in the cosmetic dermatology and paediatric dermatology segments. Curatio, backed by marquee PE investors Sequoia and Chrys Capital, has a strong focus in South India through a portfolio of over 50 brands, including…

InCredMAPE advises Averda on debt raise of US$45M from United States International Development Finance Corporation

Averda, the Dubai-headquartered waste and recycling company, has been approved for a $45M Investment Loan from the US International Development Finance Corporation (DFC) for the development, construction and operation of plastic recycling facilities in multiple locations in India & Africa. Founded in 1964 and headquartered in Dubai, Averda is the leading waste management and recycling company in the emerging world,…

InCred Capital to launch ₹1,000 cr private credit fund as KKR merger closes in

InCred Capital, the wealth and asset management arm of InCred Financial Services Ltd (IFSL), is set to raise up to ₹1,000 crore (around $130 million) fund, marking its entry into private credit business to make investments in growth companies, confirmed two executives privy to the development. The category 2 alternative investment fund (AIF) will be filed for approval before the…

Sun Pharma To Cipla, How Indian Drugmakers Are Defying Pricing Pressure

Indian drugmakers are betting on new launches to combat prolonged price erosion in the U.S. From Sun Pharmaceutical Industries Ltd. to Alembic Pharma Ltd., companies plan to launch specialty drugs to complex generics to counter pressure in their core portfolio of copycat drugs. Besides focusing on the domestic market. The strategy, underscoring the struggle in the U.S., isn't new. But…