Incred Holdings Limited Unlisted Shares

🏢 Corporate Structure & Strategic Expansion

InCred made a landmark move by merging KKR India Financial Services Limited (KIFSL) with the erstwhile IFSL. Post-merger:

• The combined entity was renamed InCred Financial Services Limited.
• IFSL became a wholly-owned subsidiary of IHL, strengthening group governance and simplifying the shareholding structure.
• The integration enhanced capital strength, operational capabilities, and access to a diversified borrower base.

Subsidiaries of InCred Holdings Limited (as of March 31, 2024)

✔ InCred Financial Services Limited (IFSL)
✔ InCred Prime Finance Limited
✔ InCred Finserv Private Limited (step-down subsidiary)
✔ InCred.AI Limited (step-down subsidiary)

This diversified corporate architecture enables the group to operate across retail lending, digital services, and AI-driven financial technologies.

💼 Business Model & Core Offerings

InCred operates a multi-vertical lending model focused on speed, convenience, and responsible credit distribution.

🔹 Personal Loans

Instant, flexible personal loans for medical emergencies, travel, education, home renovation, and more—powered by seamless digital onboarding and quick disbursal.

🔹 Education Loans

Tailored financing for domestic and international studies, covering tuition, living expenses, and ancillary academic costs. InCred has emerged as a preferred lender for students targeting global universities.

🔹 Home Loans

Affordable, competitive mortgage solutions designed for first-time homeowners and salaried individuals seeking long-term financial planning support.

🔹 SME & Small Business Loans

Working capital and term loans for small businesses, traders, and self-employed individuals—aimed at boosting entrepreneurship and local economic growth.

Across all products, InCred uses AI-driven credit scoring, alternative data, and fast documentation processes to deliver a frictionless borrowing journey.

🌐 Milestones & Growth Journey

✔ Innovation-Driven Foundation

InCred was founded with a mission to disrupt India’s traditional lending landscape by using technology to democratize credit access.

✔ Strategic Mergers & Scale-Up

The merger with KKR India Financial Services significantly expanded balance sheet strength and improved operational scale.

✔ Product Portfolio Expansion

From personal and education loans to business and home loans, InCred has built a holistic retail lending ecosystem.

✔ Technology Leadership

The company has invested deeply in AI, machine learning, fraud detection systems, and digital infrastructure—leading to faster approvals and improved risk management.

✔ Partnership-Driven Growth

Collaborations with financial institutions, fintech platforms, and digital partners have extended InCred’s reach across India’s urban and semi-urban markets.

✔ Growing National Footprint

InCred continues to expand its borrower base across major Indian cities, with an increasing emphasis on digital-first customer acquisition.