
FMO leads $86m round for India's InCred
Indian online lending platform and non-banking finance company (NBFC) InCred Financial Services has raised a INR6 billion ($85.9 million) Series A round led by Dutch development finance institution FMO.
US-based asset manager Moore Strategic Ventures also participated in the round, along with Elevar Equity and existing investor Alpha Capital. The Series A round brings InCred’s total capital raised to...
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