Kamath brothers invest Rs 250 crore in IPO-bound financial services firm InCred
Zerodha founders Nikhil and Nithin Kamath have acquired a minority stake in InCred Holdings Limited, the parent company of IPO-bound lending firm InCred Financial.
The development comes a week after the group’s wealthtech arm-InCred Money- acquired South Asian Stocks Limited (SASL), which operates the discount broking platform Stocko. The deal marked InCred’s entry into the retail broking space.
