India's InCred hits first close of $60m maiden PE fund

India's InCred hits first close of $60m maiden PE fund

Photo: Vivek Singla, Managing Partner & CIO (Private Equity) at Incred Alternative Investments

InCred Alternative Investments, a part of the InCred Group, has hit the first close of its $60-million maiden private equity fund at Rs 330 crore ($39.5 million), just a few months after being launched, the firm said on Tuesday.

Edited by: Joymitra Rai