InCred Capital
Unit No. 1203, 12th floor, B Wing, The Capital, Plot No. C-70, G Block, Bandra Kurla Complex, Mumbai, Maharashtra, 400051, India
Overview
InCred Capital provides integrated financing solutions and advisory services to corporate and institutional clients.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Financial Services
Investment portfolio
- Fibe
Participated · Debt Financing · Aug 2025
Founded in 2015 by CEO Akshay Mehrotra and CFO Ashish Goyal, Fibe (formerly EarlySalary) operates an online consumer lending platform that provides personal loans, longer-tenor loans, loans secured by mutual funds, and digital fixed-deposit products. The company targets impact-driven segments such as healthcare, education, and renewable energy while also serving general consumer credit needs. Fibe has maintained four consecutive years of profitability, distinguishing itself from many peers in the consumer fintech space. To date, the firm has secured more than $266 million in total equity capital. Its backers include IFC, Amara Partners, TR Capital, Trifecta Capital, TPG Rise Fund, and Norwest Venture Partners. The fresh capital is earmarked to broaden the product suite and create a unified experience across borrowing, saving, investing, and payments. Headquartered in Pune, the company positions itself as a full-spectrum financial services provider for India’s emerging middle class.
- hBits
Participated · Equity · Sep 2022
hBits is a platform that offers fractional ownership in Grade A commercial properties, using machine learning to aggregate historical sale and rental data and present it publicly. The company manages eight assets totaling about 1.50 lakh square feet and reports Rs 150 crore of assets under management. It claims roughly 30,000 investors on its platform, many from multinational companies at managerial levels. hBits plans to use the new capital to scale AUM, accelerate customer acquisition, expand into new cities, and strengthen its ML-driven transparency features. The firm is also exploring blockchain to make transactions paperless and enable digital, self-served buy/sell transactions. hBits exited its first asset with an IRR of more than 17.54% and closed one asset in 17 days.
- GetVantage
Participated · Equity · Jul 2022
Founded in 2020, GetVantage is a Mumbai-based B2B fintech platform that embeds seamless financing solutions into marketplaces, merchant ecosystems, and B2B ecommerce platforms via a plug-and-play API. The company underwrites businesses using alternate data and predictive analytics, focusing on actual cash flows to provide growth capital without equity dilution or heavy collateral. It targets India's estimated Rs 30 lakh crore MSME credit gap and partners with platforms, marketplaces, and logistics hubs to offer embedded financing to merchants. GetVantage has built committed funding capacity of over Rs 700 crore and is backed by investors including Chiratae Ventures, Varanium Fintech Fund, Sony Fund, InCred, and industry veterans. In 2024 it launched the Rs 100 crore Rise Up Fund for women entrepreneurs and the SaaS Accelerator Fund II to support B2B SaaS businesses. The company plans to scale its capital gateway, accelerate its AI-native capabilities, and announce strategic seller financing partnerships to expand its embedded finance footprint.