InCred, founded in 2016, became a unicorn in November 2023 with a $1 billion valuation after raising a $60.1 million Series D led by Ranjan Pai and InCred Capital. The company has raised $320 million to date from investors including Asas Capital and Paragon Partners. Headquartered in Mumbai, India, InCred provides personal, education, and business loans leveraging technology and data science. The platform also offers compliance support and financial education tools. With strong funding and data-driven lending capabilities, InCred is positioned to scale alternative lending solutions nationwide.