Interviews

In market for third private credit fund, Vivriti expects demand to remain upbeat in India

The fund will invest in mid-sized firms preferring cash flow over asset-based lending.

Private Equity

InCred Alternative Investments forays into India’s PE space with $60m fund

DealStreetAsia had reported in Nov that the firm has received the regulator's nod to launch a PE fund.

Analysis

India Deal Review: Startup fundraising dips 23% to $853m in Jan but transaction volume rises

At 100, deal volume was up 32% over Dec when startups had scooped up $1.1b from 76 transactions.

Analysis

Indian startup fundraising rebounds to touch $2.29b in Q4 but shrinks 56% YoY

Zepto and InCred were the only two startups to turn unicorn in 2023.

Interviews

Keen to list the business in next few years, says InCred CEO Bhupinder Singh

InCred is poised to enter the unicorn club after receiving commitments worth $60m.

Unicorns

InCred to become second Indian unicorn of 2023 after securing $60m in commitments

InCred is backed by KKR, ADIA, and Investcorp, among others.

Private Equity

India’s OAKS Asset Management set to close second consumer fund at $128m

OAKS India Consumer Fund is targeting to hit the final close by July end

Deals

India Digest: InCred nabs $66.6m debt; Excitel seeks to raise $26.6m

The funding in InCred comes in after it acquired unsecured loan provider Qbera in June.

Deals

Fintech lenders see surge in healthcare loan demand amid pandemic

Fintech companies have witnessed a spike in demand for healthcare loans amidst the coronavirus crisis.

Venture Capital

Funding for Indian startups down 29% in first half of 2020: Tracxn

Only 443 startups were funded in the January-June period this year against 725 in H1 2019.