Connect with us

News

InCred Finance Appoints New CFO, Gears Up for IPO

Published

on

InCred Finance Appoints New CFO Gears Up for IPO

InCred Finance, a prominent player in the Indian consumer and MSME lending space, has appointed Gaurav Maheshwari as its new Chief Financial Officer (CFO). Maheshwari brings over 27 years of experience in financial leadership, having held senior positions at Standard Chartered Bank, Altico Capital, and other notable organizations.

This appointment comes at a crucial juncture for InCred Finance as the company prepares for an initial public offering (IPO) scheduled for the last quarter of 2025. The firm aims to raise between ₹4,000 crore and ₹5,000 crore (approximately $471–588 million) through this IPO, which will further fuel its growth and expansion plans.

Focus on Growth and Expansion

Maheshwari’s expertise will be instrumental in driving business growth, enhancing capital efficiency, and strengthening corporate governance as InCred Finance embarks on this new phase. His extensive background in finance will help navigate the complexities of the IPO process and ensure that the company is well-positioned for future success.

Strategic Goals

  • Capital Raising: The funds raised from the IPO are expected to support InCred’s expansion initiatives and strengthen its balance sheet.
  • Market Positioning: By going public, InCred aims to enhance its visibility and credibility in the competitive financial services market.

Strong Financial Performance

InCred Finance has demonstrated robust financial performance in recent years. In the fiscal year 2024, the company recorded a 48% increase in revenue from operations, reaching ₹1,267 crore, while achieving a profit after tax (PAT) of ₹316 crore. This impressive growth underscores the company’s strong business model and operational efficiency.

Assets Under Management

As of FY24, InCred Finance reported assets under management (AUM) worth ₹9,039 crore, reflecting a significant year-on-year increase of 52%. This growth trajectory positions InCred favorably within the Indian lending landscape.

Investor Confidence

Backed by a strong investor base that includes prominent names such as Ranjan Pai, KKR, and the Abu Dhabi Investment Authority, InCred Finance has garnered significant investor confidence. This backing reflects the company’s potential to disrupt the Indian financial services market with its innovative products and services.

Notable Investors

  • KKR holds a 13.4% stake in InCred and is expected to play a crucial role during the IPO process.
  • Other investors include OAKS, Investcorp, Moore Capital, and Elevar Equity.

Looking Ahead

With Gaurav Maheshwari’s appointment as CFO and the upcoming IPO, InCred Finance is well-positioned for continued growth and success in the Indian financial services landscape. The company is focused on enhancing its secured loans business while navigating regulatory challenges in the lending environment.

Future Plans

InCred’s leadership has indicated that they are committed to engaging closely with regulators to ensure compliance while pursuing their growth objectives. The company aims to leverage its strong foundation to expand its product offerings and enhance customer access to credit.

Conclusion

The appointment of Gaurav Maheshwari as CFO marks a pivotal moment for InCred Finance as it gears up for its IPO in late 2025. With strong financial performance, significant investor backing, and a focus on growth strategies, InCred is poised to make a substantial impact on the Indian financial services market. As it prepares for this next chapter, stakeholders will be keenly watching how these developments unfold and contribute to the company’s long-term success.

Continue Reading
Advertisement
26 Comments

26 Comments

  1. xxxfast.com

    January 3, 2025 at 10:52 am

    That is veryy fascinating, You are an excessively skilled blogger.
    I have jined your feed and ssit up for inn the hjnt for more of yoir excellent post.
    Also, I’ve syared yoour ebsite in mmy socual networks

  2. indoxvideos

    January 18, 2025 at 12:57 am

    What’s up, jyst wanted to tell you, I loved this post.
    It wass funny. Keep onn posting!

  3. vivoxvideos.com

    February 19, 2025 at 3:16 am

    Stunninmg queszt there. Whatt happened after?
    Good luck!

  4. Garrett Lekberg

    March 5, 2025 at 2:06 am

    Howdy! This is my first comment here so I just wanted to give a quick shout out and say I genuinely enjoy reading through your posts. Can you recommend any other blogs/websites/forums that cover the same subjects? Thank you!

  5. louisiana process server

    March 11, 2025 at 3:07 am

    Glad to be one of many visitors on this awful website : D.

  6. mandeville la process server

    March 11, 2025 at 4:53 am

    Pretty component of content. I simply stumbled upon your weblog and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I will be subscribing for your augment and even I success you access constantly rapidly.

  7. binance

    March 12, 2025 at 2:15 am

    I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

  8. cats eye

    March 12, 2025 at 7:40 pm

    I’m not positive the place you are getting your info, however great topic. I must spend a while studying much more or figuring out more. Thanks for excellent information I used to be on the lookout for this info for my mission.

  9. moonga

    March 12, 2025 at 8:50 pm

    Hey very nice site!! Guy .. Beautiful .. Wonderful .. I’ll bookmark your web site and take the feeds also?KI am happy to find numerous useful info right here within the post, we need work out more techniques on this regard, thank you for sharing. . . . . .

  10. drover sointeru

    March 24, 2025 at 4:04 pm

    I carry on listening to the newscast speak about getting boundless online grant applications so I have been looking around for the top site to get one. Could you advise me please, where could i acquire some?

  11. zoritoler imol

    March 25, 2025 at 3:21 am

    I like this post, enjoyed this one regards for putting up. “The difference between stupidity and genius is that genius has its limits.” by Albert Einstein.

  12. droversointeru

    April 4, 2025 at 6:29 am

    Appreciate it for this howling post, I am glad I found this internet site on yahoo.

  13. paketweiterleitung aus der Schweiz

    April 17, 2025 at 5:14 am

    Thanks , I have recently been searching for information about this subject for ages and yours is the greatest I have discovered till now. But, what about the bottom line? Are you sure about the source?

  14. zoritoler imol

    April 28, 2025 at 10:25 pm

    Howdy would you mind letting me know which web host you’re utilizing? I’ve loaded your blog in 3 different browsers and I must say this blog loads a lot faster then most. Can you suggest a good internet hosting provider at a honest price? Thanks, I appreciate it!

  15. event management

    May 6, 2025 at 12:46 pm

    Good day! Do you know if they make any plugins to help with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results. If you know of any please share. Thanks!

  16. qwe7t

    June 6, 2025 at 4:51 am

    how can i get generic clomiphene no prescription can i buy clomiphene without prescription zei: where can i buy clomiphene pill how much does clomiphene cost without insurance can i buy generic clomiphene without prescription cost of clomiphene for men average cost of clomid

  17. taxi g7

    June 6, 2025 at 7:20 am

    I really enjoy reading through on this website , it contains fantastic posts. “Heavier-than-air flying machines are impossible.” by Lord Kelvin.

  18. restaurant cash back app

    June 18, 2025 at 11:43 am

    Howdy, i read your blog occasionally and i own a similar one and i was just curious if you get a lot of spam responses? If so how do you stop it, any plugin or anything you can advise? I get so much lately it’s driving me insane so any help is very much appreciated.

  19. Wilton Admas

    June 30, 2025 at 10:45 pm

    Very interesting information!Perfect just what I was looking for!

  20. Hawaii medical malpractice lawyer

    July 24, 2025 at 7:46 am

    It?¦s really a cool and useful piece of info. I?¦m glad that you just shared this useful info with us. Please stay us up to date like this. Thank you for sharing.

  21. find more

    July 29, 2025 at 11:48 pm

    he blog was how do i say it… relevant, finally something that helped me. Thanks

  22. mold removal services

    July 31, 2025 at 2:08 am

    Yay google is my queen aided me to find this great website ! .

  23. engine optimization services

    August 7, 2025 at 8:34 am

    Wow that was strange. I just wrote an incredibly long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say superb blog!

  24. link alternatif olxtoto

    August 18, 2025 at 3:59 am

    Hello! I just would like to give a huge thumbs up for the great info you have here on this post. I will be coming back to your blog for more soon.

  25. ayuda PFG arquitectura

    August 24, 2025 at 1:23 pm

    Would you be fascinated about exchanging hyperlinks?

  26. Delta 3 THC Delta 6a10a THC

    August 25, 2025 at 12:33 pm

    Good write-up, I’m normal visitor of one’s site, maintain up the nice operate, and It’s going to be a regular visitor for a lengthy time.

Leave a Reply

Your email address will not be published. Required fields are marked *

News

BMW’s New Logo Debuts Subtly on the All-Electric iX3: A Modern Evolution

Published

on

BMW new logo

BMW quietly debuted its new logo on the all-electric iX3, marking a significant yet understated shift in the brand’s design direction for 2025. The updated emblem retains the classic roundel and Bavarian blue-and-white colors, but sharp-eyed enthusiasts noticed subtle refinements: the inner chrome ring has been removed, dividing lines between blue and white are gone, and the logo now features a contemporary satin matte black background with slimmer “BMW” lettering. These enhancements showcase BMW’s embrace of modern minimalism while reinforcing their commitment to premium aesthetics and the innovative Neue Klasse philosophy for future electric vehicles.

Unlike rival automakers that reveal dramatic logo changes, BMW’s refresh is evolutionary and respectful of tradition. The new badge ditches decorative chrome and blue borders associated with earlier electric models, resulting in a flatter, more digital-friendly design that mirrors recent branding seen in BMW’s digital communications. Appearing first on the iX3’s nose, steering wheel, and hub caps, this updated identity will gradually be adopted across all BMW models—both electric and combustion—signaling a unified brand language for years to come.

BMW’s strategic logo update represents more than just aesthetic reinvention—it underscores the brand’s dedication to future-ready mobility, design continuity, and a premium EV experience. As the new roundel begins rolling out on upcoming BMW vehicles, it stands as a testament to the automaker’s depth of detail and thoughtful evolution, offering subtle distinction for keen observers and affirming BMW’s iconic status in the ever-changing automotive landscape.

 

Continue Reading

News

iPhone 17 India Price, Features & Availability: All You Need to Know

Published

on

Startup Stories

Apple has officially launched the highly anticipated iPhone 17 series in India, with prices starting at INR 82,900 for the base 256GB model. The new lineup includes the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and the newly introduced ultra-slim iPhone Air. Apple has removed the 128GB storage variant, making 256GB the minimum for all models. The standard iPhone 17 features a vibrant 6.3-inch ProMotion OLED display with a 120Hz refresh rate and an upgraded Ceramic Shield 2 for improved durability. It comes in fresh color options like lavender, mist blue, sage, white, and black.

The iPhone 17 Pro and Pro Max models are powered by Apple’s latest A19 Pro chip and start at INR 1,34,900 and INR 1,49,900, respectively. These Pro models feature sleek titanium frames, significant camera upgrades including 8K video recording, and up to 6x optical zoom in the Pro Max. Meanwhile, the iPhone Air, priced from INR 1,19,900, is the slimmest and lightest iPhone ever, boasting a 6.7-inch Super Retina XDR display with ProMotion technology and a triple-camera setup, positioning itself between the standard and Pro models.

Pre-orders for the iPhone 17 series commence on September 12, with sales beginning on September 19, 2025. Alongside the launch, Apple has reduced prices for the previous iPhone 16 models while discontinuing the iPhone 16 Pro and Pro Max variants. The iPhone 17 series exemplifies Apple’s ongoing commitment to enhancing display technology, camera capabilities, and overall performance, setting a new benchmark for premium smartphones in the Indian market.

Continue Reading

Startup News

Meet the 13 Deeptech Startups Empowered by BIGShift Accelerator in India

Published

on

Bigshift

India’s deeptech ecosystem has reached a significant milestone with the launch of BIGShift, a premier accelerator programme by Inc42 and India Accelerator designed to empower early-stage startups developing breakthrough technologies. The first cohort comprises 13 innovative startups addressing complex challenges in fields such as artificial intelligence, aerospace, robotics, healthcare, and geospatial analytics. These startups benefitted from specialized capital-readiness training, strategic mentorship, and direct access to investors interested in supporting high-risk, high-reward deeptech ventures, making BIGShift a crucial platform for nurturing India’s next-generation technology leaders.

The accelerator programme uniquely combines virtual bootcamp sessions with a comprehensive two-day in-person masterclass, equipping startups with advanced go-to-market strategies, funding expertise, and a valuable network of experienced operator-mentors. Noteworthy startups from the cohort include ActionSync, focused on enterprise data unification; Polygon Geospatial, delivering AI-powered real-time spatial analytics; Purna AI, which innovates in preventive health through genetic biomarkers; Spacetaxi, pursuing reusable commercial rockets; and VertiFly, specializing in hybrid eVTOL aerial mobility solutions. This diverse group exemplifies the ingenuity and pioneering spirit of Indian deeptech entrepreneurship across multiple high-impact sectors.

BIGShift’s inaugural cohort not only accelerates technological development but also provides critical support mechanisms like pilot project matchmaking, regulatory guidance, and facilitating enterprise collaborations. As these 13 startups transition their groundbreaking solutions from the lab to the marketplace, BIGShift is poised to be a catalyst for deeptech innovation in India, helping transform scientific research into scalable, impactful businesses that will shape the country’s technological future.

Continue Reading
Advertisement

Recent Posts

Advertisement