InCred, KKR merge NBFCs in all-stock deal, combined entity InCred Fin will have $300m equity base

On a pro forma basis, InCred Finance will have an equity base of $300 million (about ₹2,226 crore) and a balance sheet of $750 million (about ₹5,566 crore). With a strong liquidity profile, substantive capital base, and low leverage, InCred Finance is well positioned to embark on its next phase of growth, a joint statement said.

via Economictimes