Milestone · Professional & Local Services
InCred Wealth reaches ₹1 lakh crore in assets under management in six years
By Startup Enthusiast ·

- Date
- Company
- InCred Wealth
- What it does
- Wealth management for high-net-worth individuals
- Kind
- Milestone
- Founded
- 2016
What they do
InCred Wealth manages over ₹1 lakh crore (about $10 billion) in assets for high-net-worth individuals and family offices
What happened
The firm achieved this scale in six years, attributed to strong leadership and a large team of relationship managers
Why it matters
It offers access to global and private-market opportunities, including private equity and alternative investments
The details
- InCred Wealth has grown to manage over ₹1 lakh crore (about $10 billion) in assets under management (AUM) in six years.
- The firm operates in India and has an offshore platform, InCred Global Wealth, with teams in Singapore, Dubai, and London.
- It serves family offices, ultra-high-net-worth individuals, and emerging affluent customers through 700 relationship managers.
- InCred Wealth offers access to global and private-market opportunities, including late-stage private companies and alternative strategies.
- The firm uses an open-architecture model with a focus on private equity, credit, and market-linked debentures.
The bigger picture
- India's private wealth management segment is expected to grow to $2.3 trillion by FY29, creating opportunities for firms like InCred Wealth.
- InCred Wealth's growth is attributed to consistent execution and a strong team with deep industry experience.
- The firm's founder, Bhupinder Singh, has a long track record in banking, including over two decades at Deutsche Bank.
About the business
- InCred Wealth provides wealth management services to high-net-worth individuals and family offices.
- It offers access to global and private-market opportunities, including private equity, credit, and alternative investments.
- The firm has an offshore platform, InCred Global Wealth, with teams in Singapore, Dubai, and London.
- It uses an open-architecture model, allowing clients to access a wide range of investment options.
- InCred Wealth has over 700 relationship managers with a median experience of nearly two decades.
The deal
- Type
- financial services
Founders
- Bhupinder Singh, Founder of InCred
- Nitin Rao, CEO of InCred Wealth
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