Overview

• Nikhil and Nithin Kamath acquired a minority stake in InCred Holdings through a Rs 250 crore investment.
• InCred Finance acquired TruCap Finance’s gold loan business, adding Rs 650 crore in assets under management and 115 branches.
• The group’s wealth tech arm agreed to buy retail trading platform Stocko in a Rs 300 crore all-cash deal.
• Gaurav Maheshwari, a former Standard Chartered executive, was appointed chief financial officer.
• InCred posted an 18% rise in net profit to Rs 372 crore for FY25 alongside a 37% year-on-year loan book expansion to Rs 12,384 crore.