Nikhil Kamath and Nithin Kamath completed the acquisition of a minority stake in InCred for INR2.5bn.

Synopsis

Nikhil Kamath and Nithin Kamath completed the acquisition of a minority stake in InCred Holdings, a parent company of InCred Financial - a tech-driven non-banking financial company, for INR2.5bn.

Principals

target

Incred Holdings

bidder

Nikhil Kamath

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Market Context