Spotlight: How InCred Finance fared in first year after merger with KKR’s NBFC

Last month, non-bank lender InCred Financial Services Ltd said it raised Rs 500 crore ($60 million) at a valuation of $1 billion—making it only the second Indian privately held company this year to achieve the milestone after quick commerce startup Zepto. That announcement highlighted the spectacular turnaround in the company’s fortunes.  The ......