series C

The Pune-based platform aims to use the proceeds from the current fund raise to achieve AUM growth by further enhancing its distribution network and expanding its operational footprint.

The Noida-based rural-focused lender aims to deploy the raised funds to expand the business in its existing geography and foray into new geographies as well as new product lines.

KKR-backed InCred plans to invest the funds in privately-owned companies across the consumer, financial services, technology and enterprise services sectors at Series B and C stages.

The company will use the funding to expand into kindergarten to class V learners' category