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INCRED
Incred
Financial Services / Lending · Founded · 2016

Incred — Valuation, Funding & Investors

IPO filed

Incred is a private company building in financial services / lending and has filed for an IPO. The latest valuation stands at $1B (post-money). Its shares are not publicly traded yet.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Incred at a glance
Last valuation
$1B
POST-MONEY · JAN 2026
Raised across rounds
$166.8M
3 rounds
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Incred valuation history

2 valuations. The latest, $1B post-money, was set by the Pre-IPO in Jan 2026.

$1B
Sep 2024
$1.1B
Series D · post-money
Jan 2026
$1BLATEST
Pre-IPO · post-money
−1% vs prior valuation
Latest valuation
$1Bpost-money
Set by the Pre-IPO · 1 Jan 2026
×1.0since the $1.1B Series D in Sep 2024
Valuations
2
Priced rounds with a valuation
Event type
Public listing
The Pre-IPO · $60M raised
Funding history

Incred funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series D
Sep 2024
$60M
$1.1B
—
—
Series C extension
Jul 2025
$46.8M
—
Morgan Stanley India Primary Dealer
—
Pre-IPO
Jan 2026
$60M
$1B
—
−1.0%
Incred · investors

Investors

MMorgan Stanley India Primary DealerLEADSSequoia Capital
Will Incred IPO?
Founded
2016
Sep 2024
Series D · $1.1B
Jan 2026
Pre-IPO · $1B
IPO
Filing made
A filing has been made.
Incred — the private market
Last valuation$1B · post-money · Jan 2026
Total raised$166.8M
Lead investorsMorgan Stanley India Primary Dealer
IPO statusFiling made
Founded · HQ2016
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Incred

InCred is an Indian financial-services group founded in 2016 that uses technology and data science to offer personal loans, education loans, SME lending and digital banking. Its lending arm, InCred Financial Services, formerly KKR India Financial Services, is a non-banking financial company registered with the Reserve Bank of India, while sister company InCred Holdings is a SEBI-registered merchant bank handling mergers, acquisitions and private placements.

InCred Financial Services employs more than 3,700 people and offers embedded financing for online businesses alongside its consumer lending products. The company has used Google's Gemini to speed up feature development, cutting work that once took a full week down to about half that time.

The money screen · ranked by accessibility

How to get Incred exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Incred.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Incred availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Incred included.

No account needed

Incred stock — frequently asked questions

Is Incred publicly traded?›

Not yet. Incred has filed for an IPO; until it prices, the shares do not trade publicly.

What is Incred's valuation?›

The last valuation is $1B (post-money, Jan 2026).

Who are Incred's competitors?›

The closest financial services / lending peers are on the competitors page.

How can I get exposure to Incred?›

The routes section explains what is realistically available for a company at this stage.

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