Under the leadership of Bhupinder Singh, InCred Group is in advanced discussions to expand its presence in the financial services landscape. The company is actively pursuing a joint venture with an international partner to establish a general insurance business, as well as working on launching a mutual fund arm. With these ventures, InCred aims to create a diverse financial services platform encompassing lending, asset management, wealth management, and more.

Quantitative Approach to Mutual Funds 

InCred’s mutual fund venture is set to be a unique, “quant-driven” offering, focused exclusively on quantitative methods and avoiding traditional, active management approaches. This approach reflects a commitment to leveraging data-driven investment strategies, which the company believes will appeal to investors looking for innovative solutions. Singh emphasized that this fund offering, which is expected to be introduced soon, is intended to provide an alternative to conventional fund management by prioritizing analytics over subjective decision-making.

 Investing in a General Insurance Joint Venture
 
InCred’s planned insurance venture will focus on the domestic market and will begin with substantial capital backing from Indian investors, with a target of at least ₹300 crore. InCred plans to retain a controlling interest in this general insurance business, aiming for over 51% ownership. This new entity will concentrate on key segments like health and motor insurance, aligning with growing demand in these areas. The partnership with a foreign entity is expected to bring valuable international expertise, enabling InCred to establish a strong foothold in the insurance sector.

 About InCred 

InCred Group is an emerging financial services company in India, committed to making financial products more accessible and customer-centric. Founded by Bhupinder Singh, InCred has steadily diversified from its initial lending operations into various segments, including wealth management and now mutual funds and insurance. With a mission to transform the financial landscape using data-driven methods and an emphasis on innovation, InCred is well-positioned to become a major player in the Indian financial services industry.