1 week ago
InCred Capital Launches InCred Black for India’s UHNI Wealth Market
InCred Capital has started a new service called InCred Black.
It is meant for very wealthy people, entrepreneurs and business families.
The service will help clients manage and invest their money.
It will cover public companies, private businesses, alternative investments and global opportunities.
It will also provide credit and liquidity solutions.
Three experienced wealth managers have joined as co-founders.
They previously helped build Avendus’s wealth business.
InCred says its wider wealth business manages more than ₹1 lakh crore.
The company plans to hire more experts as InCred Black grows.
InCred Capital launched InCred Black, a specialised wealth platform for ultra-high-net-worth individuals, entrepreneurs and business families.
Alok Agrawal, Harmeet Sahney and Zarksis Gotla joined the platform as co-founders, bringing more than 80 years of combined experience.
The three executives previously helped build Avendus’s wealth management business over 15 years.
InCred Black will offer asset allocation, alternative investments, public and private markets, credit, liquidity solutions and global investment opportunities.
InCred’s wealth franchise has crossed ₹1 lakh crore in assets under management, while InCred Black plans to hire more senior bankers and specialists.
- Who
- InCred Capital, with co-founders Alok Agrawal, Harmeet Sahney and Zarksis Gotla, launched the platform.
- What
- The company launched InCred Black, a specialised wealth management platform for UHNIs, entrepreneurs and business families.
- Where
- The platform targets clients in India; the articles use different datelines, Bengaluru and Mumbai.
- When
- The articles do not specify a launch date.
- Why
- InCred Capital aims to strengthen its wealth management business and provide a more specialised offering for sophisticated UHNI clients.
Key facts
- Platform
- InCred Black
- Target clients
- Ultra-high-net-worth individuals, entrepreneurs and business families
- Co-founders
- Alok Agrawal, Harmeet Sahney and Zarksis Gotla
- Combined experience
- More than 80 years
- Services
- Asset allocation, alternative investments, public and private markets, credit, liquidity solutions and global investing
- Existing wealth AUM
- More than ₹1 lakh crore
- Expansion plan
- Recruit more senior bankers and specialist professionals
Sources
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