InCred Asset Management raises Rs 300 crore in funding

InCred Asset Management announced raising of Rs 300 crore from large family offices and high networth individuals for its maiden credit fund – InCred Credit Opportunities Fund I (ICOF-I) — while the intended base fund size was Rs 500 crore.

ICOF-I is the first alternatives offering from InCred and will provide flexible secured debt financing to emerging corporates, as well as to financial institutions.