Income Vealth Invested Most Money

Incred subsidiary Wealth led the funding round by investing approximately $ 1.8 million. In addition, the MGME Family Office invested $ 1 million. Ravi Pillai, chairman of the RP Group of Companies, has invested $ 1.8 million and has invested $ 1.8 million in the Income of Dusse Bank’s co -president Ram Naik. In addition, the Income Special Operations and Fund VCC and Vrenium Capital Advisors have also funded startups.

Incred value $ 2 billion

Apart from these big investors, many have invested money in this startup. Due to this, the value of the incred startup has now risen to $ 5.5 billion. Incred had collected $ 2 million from banks and financial institutions.

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Had partnership with zomato

Last year, online food delivery company participated with Zomato incredo. Under it the loan facility was also made available. In addition to SME loan, incred working capital loans, term loan and channel finance also offers. It is also known to provide personal loans, marriage loans, medical loans, travel debt and educational loans.

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India’s startups to the lowest funds in 3 years

This is not a good time for startup in India. Despite this, the Income became a unique. The funds in the Tech Startup EcoSistum in India are the lowest in the last 3 years. Till Tail Startups has received a total of $ 8 billion funds till December 7 this year. It is about 5 percent less than the $ 2 billion funded in the 5th. The last phase funding has decreased by 5 percent, the initial phase funding of the initial phase and the Seed Stage phase funds were reduced by 5 percent.