Bhupinder Singh (InCred Finance)
Overview
Bhupinder Singh is a prominent figure in the Indian financial services sector, known for founding InCred Finance, an innovative financial services group. He has significantly contributed to the financial landscape of India through his leadership and vision. Prior to InCred, Singh held senior positions in Deutsche Bank, where he co-headed investment banking and securities for the Asia Pacific region. Under his guidance, InCred Finance has grown rapidly, focusing on providing accessible financial services such as loans and investment products tailored to the needs of underserved communities in India. The company is now considered a unicorn with substantial market valuation.
Recent Developments
- 2025: InCred Holdings, under Bhupinder Singh's leadership, confidentially filed for an IPO with SEBI, aiming to raise between ₹4,000-₹5,000 crore. This follows significant internal growth, with InCred Finance aiming to capitalize on its unicorn status achieved in 2023.
- June 2025: InCred Capital plans to raise ₹500 crore in equity funding, targeting unicorn status within the group. The move is part of Bhupinder Singh's strategy to consolidate the company's position in wealth and asset management.
- March 2025: InCred Finance secured a debt of ₹258 crore led by wealth management firm Neo Group. This is amid plans to launch an IPO, marking another expansion effort by Singh.
- 2024: InCred Finance reported a significant rise in revenues, attributing a 67% increase from the previous year to strong lending portfolio growth. Singh's leadership saw the lender reach a loan portfolio size of ₹7,500 crore, alongside a robust growth in net profits.
- December 2023: InCred Finance achieved unicorn status after raising $60 million in a Series D funding round, becoming valued at ₹1.04 billion. The funding was backed by several high-net-worth individuals and established investors.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Bhupinder Singh |
| Born | c. 1979, Bhopal, India |
| Nationality | Indian |
| Occupation | Entrepreneur, CEO of InCred Finance |
| Known For | Founding InCred Finance |
| Education | MBA from Indian Institute of Management, Ahmedabad |
Early Life and Education
Bhupinder Singh was born in Bhopal, India. Showing early signs of academic excellence, he pursued higher education at the prestigious Indian Institute of Management Ahmedabad, where he earned his MBA in 1999. Singh's educational background provided a strong foundation in business and finance, crucial to his career trajectory. His experiences during these formative years beyond conventional academics shaped his approaches to business and innovative thinking, later facilitating his transition into the financial industry.
Career and Notable Achievements
Bhupinder Singh began his illustrious career at Deutsche Bank, where he spent 16 years commanding pivotal roles, including co-head of the Corporate Banking and Securities division for the Asia Pacific region. His tenure at Deutsche Bank ended with a notable reputation and substantial industry insights.
- 2016: Founded InCred Finance with a vision to simplify banking for the underserved through technology.
- 2023: InCred Finance entered the unicorn club with a valuation of over $1 billion.
- Singh has successfully pivoted InCred into a diversified financial services powerhouse encompassing lending, wealth management, and investment banking.
Through strategic initiatives, InCred now offers an array of financial products, meeting diverse consumer needs while fostering financial inclusion across India. Singh continues to lead the firm in achieving record growth metrics, with significant expansions and investment rounds.
Current Work and Impact
As of 2025, Bhupinder Singh remains at the helm of InCred Finance. His leadership continues to drive the company towards achieving new heights in the Indian financial services sector. With ambitious future growth plans, Singh is overseeing initiatives aimed at listing the company on public markets, enhancing technology adoption, and expanding InCred’s financial product offerings.
Related Topics
- InCred Holdings IPO Plans: InCred plans to launch an IPO by the end of 2025, a strategic move towards enhancing capital and expanding its market footprint.
- InCred Capital Growth Strategies: InCred Capital aims to raise ₹500 crore to cement its status as a unicorn, reflecting Singh’s strategic vision for aggressive growth in investment services.
Conclusion
Bhupinder Singh is a transformative figure in the financial services industry, whose visionary leadership has propelled InCred Finance to prominent new heights. As the company prepares for an IPO, Singh’s strategic direction continues to be instrumental in shaping the future of financial services in India, offering a promising outlook for progressive financial inclusion.