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incred funding

incred: InCred enters unicorn club with $60 million funding round

Non-banking lending company InCred Finance has closed its series D funding round securing $60 million from a clutch of high net worth individuals. The round has catapulted InCred into the unicorn club with a valuation of around $1.04 billion, thereby making it the second unicorn of this year.The company's wealth division—Incred Wealth led the round with an infusion of $36.76 million along with participation from Ranjan Pai of MEMG Family Office who has invested $9 million and a clutch of high networth individuals like…