Foreign investor commits capital to Anshu Jain-backed InCred Finance

By Debjyoti Roy

  • 18 Feb 2019
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Credit: 123RF.com

InCred Finance, a non-banking financial company (NBFC) backed by private equity firms and former Deutsche Bank co-chief executive Anshu Jain, is raising fresh funding from a development finance institution (DFI). Dutch development bank FMO has committed Rs 256 crore (around $36 million) to InCred Finance, a person familiar with the development ......

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