Foreign investor commits capital to Anshu Jain-backed InCred Finance

InCred Finance, a non-banking financial company (NBFC) backed by private equity firms and former Deutsche Bank co-chief executive Anshu Jain, is raising fresh funding from a development finance institution (DFI). Dutch development bank FMO has committed Rs 256 crore (around $36 million) to InCred Finance, a person familiar with the development ......