INCRED FUNDING
Oyo's funding to finance global expansion, acquisitions: filings
ET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary general meeting (EGM) held on June 18. The shareholders also gave their nod to increasing Oyo's authorized share capital from Rs 901.14 crore to Rs 1,341.14 crore.
InCred Equities downgrades Adani Ports to reduce, sees downside potential of 8%
InCred Equities downgraded APSEZ shares to 'reduce' from 'hold' with a target price of Rs 1,329 amid steep valuation of the stock.
Tech-based NBFCs try a balancing act after RBI action on unsecured loans
NBFCs like DMI Finance, Vivriti Capital and InCred Capital expanded unsecured retail and small business lending, leveraging strong fintech partnerships over to grow their business coming out of Covid. Some of these companies took the acquisition route to scale up this business quickly.
Rs 15,000 crore gone! Check out 3 reasons why a weaker Modi 3.0 still won't scare FIIs
Around Rs 15,000 crore has been withdrawn by FIIs from India in the last four days amid election uncertainties, causing concern on Dalal Street about the impact of a weaker Modi 3.0 mandate on further outflows.
If not equity, corp FDs offer 1-1.5% over debt MFs and banks
Corporate deposits with higher credit ratings are recommended for investors looking to reduce exposure to equities. Top finance companies like Bajaj Finance and Shriram Finance offer higher returns than bank deposits and debt mutual funds, providing a safer investment option, according to wealth advisors.
ETMarkets Smart Talk: There will be political stability; healthcare could turn out to be the dark horse in FY25: Aditya Khemka
Global investors haven't got much choice but to remain invested in India and perhaps increase allocations despite the political uncertainty.
- Go To Page 1
Rs 31,09,459 crore m-cap loss! Correction the start of a stock picker’s market
Lower-than-expected BJP seats erase Nifty gains. Nifty falls by 5.93%, still trades expensively. India and Japan rally on economic growth and reforms. Overseas investors sell Indian shares, moving to cheaper markets like China.
InCred Capital appoints Julius Baer India’s Vikram Agarwal as chief operating officer
InCred Capital appointed Vikram Agarwal as its COO, who brings extensive experience from Julius Baer India to lead various functions at the Mumbai-based company.
ETMarkets AIF Talk: Fund Manager of Rs 1200 cr AUM reveals 4 key factors for wealth creation in small & midcaps
Aditya Sood, Fund Manager at InCred Asset Management, discusses small companies' growth potential in an interview with ETMarkets. Sood says that the cost of capital in India will structurally decline over the next 5-7 years, benefiting small and mid-cap companies. Many of the investee companies, though small in size, are already market leaders or challengers in niche industries with substantial growth potential
Lesson for entrepreneurs: What are the common mistakes startup founders make and how to avoid them?
India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour and support, financial and otherwise, the startup journey is extremely difficult.ET Wealth lists the typical mistakes most founders make and tell you how to tackle these
Oyo withdraws IPO application, opts for private funding at 70% valuation cut
Hospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
Soleos Solar Energy secures Rs 48.5 cr funding
Soleos Solar Energy secures Rs 48.5 crore funding from various investors including India Ahead Venture Fund, Sunil Singhania's family office, and Madhuri Madhu Kela. The funding will be used for working capital and renewable energy portfolio development.
ETMarkets Smart Talk: Why are FIIs turning net sellers in Indian markets? Aditya Sood decodes
Aditya Sood, Fund Manager at InCred Asset Management, analyzes the impact of NDA's performance, FPIs' net selling, and the attractiveness of MSCI China index on Indian markets. He highlights the crucial role of these factors in shaping investment decisions. Sood says: "Over the next decade, India will be a buy on dip market — all corrections should be used as buying opportunities to increase allocation to equities as an asset class."
Roadblocks for q-commerce; Mizuho InCred deal
Happy Friday! As quick commerce platforms diversify, they are likely to face operational challenges. More on this in today’s ETtech Morning Dispatch.
Mizuho is in talks to buy KKR’s part stake in fintech company InCred
According to latest discussions, global investment firm KKR may sell around 10% stake in Mumbai-based tech-driven NBFC InCred but this may change depending on how the talks progress, sources told ET.
PMS Tracker: HNI investors earn up to 20% returns in April. Check top funds
Saurabh Mukherjea-run Marcellus' smallcap fund Little Champs bounced back and earned a return of more than 10%, while Sunil Singhania's Abakkus-run Emerging Opportunities fund reported a 9.57% gain and Samir Arora's Helios India Rising fund saw a 5.51% gain.
MF Query: ‘I have Rs 7-8 lakh surplus funds but don’t want to invest in stock markets’
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
ETMarkets Smart Talk: Why Indian stock market could trade at high valuations vs EMs; Aditya Sood decodes
Aditya Sood of InCred Asset Management anticipates high market valuation with strong earnings growth in Nifty50 companies. India's stock market premium valuations are supported by superior ROE and high growth potential over the next decade. Sood says: "The market return is going to be a function of earnings growth rather than multiple expansion."
Trend of larger, more liquid hospital stocks getting more exorbitantly priced to continue: Aditya Khemka
Aditya Khemka of InCred Healthcare PMS discusses the overvaluation of hospital stocks due to liquidity chasing the asset. Liquidity is driving the higher valuations of larger hospital assets. New IPOs have had little impact on the demand supply equation in the hospital segment. Khemka also says in the Incred healthcare PMS portfolio, they own only one hospital stock -- Healthcare Global.
ETMarkets Smart Talk: IT, infra, metal and PSU banks will create wealth for next 3-5 years: Rishi Kohli
Rishi Kohli, Managing Partner & CIO – Hedge Fund Strategies at InCred Alternative Investments Pvt Ltd., believes that banking and IT sectors will continue to offer opportunities to buy on dips due to volatility. He is most bullish on the infra and metals sectors for the next 3-5 years, and predicts that PSU banks will outperform private banks.
InCred AMC is holding 26% in cash. CEO Mrinal Singh explains why
Mrinal Singh, CEO & CIO of InCred AMC, discusses the challenges of investing in the Indian market due to expensive valuations. He highlights the potential for growth in rural areas, the building material sector, and the auto sector. He also expresses interest in the housing and MSME segments of the financials sector, as well as the healthcare sector.
InCred Money's hybrid offering can give small investors upto 14.05%
Out of every ₹100 invested, ₹80 will be invested in the bonds of the issuer (in this case InCred Financial). This will protect the capital. The rest of the ₹20 will be invested in Nifty call options - an equity derivative that bets on Nifty rising in value.
ETMarkets Smart Talk: Why this fund manager is underweight on banking stocks
Aditya Sood, Fund Manager at InCred Asset Management,emphasizes the underweight position on lending financials due to struggling banks and pricing pressure. Sood discusses the continuing structural stories in India, particularly in manufacturing. Additionally, he notes the rise of SME IPOs and the driving factors behind the rally in railway stocks. Sood concludes with insights on small & midcap stocks, predicting their outperformance driven by earnings growth and return ratios.
5 ELSS schemes recommended by Vijay Kuppa and why he likes them
ELSS is a great way to save tax while gaining exposure to the equity market. It is recommended for those with a tax saving mindset and a tilted asset allocation towards debt. ELSS schemes are mutual fund schemes that offer exposure to different types of underlying markets. They can be largecap, midcap, or flexicap. Some recommended ELSS funds include Quant ELSS Tax Saver Scheme, Bank of India ELSS Scheme, DSP ELSS Tax Saver Scheme, Bandhan ELSS Scheme, and Kotak ELSS Tax Saver Scheme. EL
ETMarkets Smart Talk: I would not be surprised to see 24500-25000 levels on Nifty in 2024: Rishi Kohli
Rishi Kohli says: "Historical data suggests that FIIs miss the initial upward momentum of a new bull market, but the FII flows sort of chase this momentum and once further events line up to the positive view then their flows create further positive momentum which is what I expect to happen this year."
InCred Finance posts net profit of Rs 121 crore in FY23, revenues jump 67%
InCred Finance became the second unicorn of 2023 after raising $60 million from a clutch of investors, including ultra-high-net-worth clients.
InCred enters unicorn club with $60 million funding round
In 2022, InCred Finance and KKR India Financial Services merged to create a joint entity under the brand name InCred Finance.
ETMarkets Fund Manager Talk | This CIO managing over $100 mn assets believes 2024 will be dominated by rural consumption
"We believe that the market is likely to show return divergence across sectors. Earnings growth will not be broad based and, hence, stock selection will play a crucial role. As the general elections approach, the markets are expected to remain volatile for a while. Historically, spending in rural areas tends to increase leading up to elections. Factors such as erratic monsoons, higher raw material prices, and the COVID pandemic have negatively impacted rural incomes."
Tata-Wistron deal complete; InCred to join unicorn club with new funding
India’s salt-to-software conglomerate Tata Group will now make iPhones after it completed its acquisition of Wistron on Wednesday. This and more in today’s ETtech Top 5.
Load More
