InCred Wealth Crosses Rs 1 Lakh Cr in AUM Within 6 Years of Launch
•February 10, 2026
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Companies Mentioned
Why It Matters
The milestone underscores the accelerating growth of India’s wealth‑management sector and signals that home‑grown firms can achieve unicorn‑scale assets while offering global‑level investment opportunities.
Key Takeaways
- •AUM surpasses Rs 1 lakh crore in six years
- •Over 700 relationship managers serve UHNW and family offices
- •Offshore platform manages $3 billion across Singapore, Dubai, London
- •Open-architecture model emphasizes private‑equity and alternative assets
- •Founder’s Deutsche Bank experience fuels talent‑driven growth
Pulse Analysis
India’s private wealth market is entering a period of rapid expansion, with Deloitte projecting the segment to more than double to $2.3 trillion by FY29. This growth is attracting new platforms and significant capital inflows, creating a competitive landscape where scale and client trust become decisive advantages. InCred Wealth’s achievement of over Rs 1 lakh crore AUM in just six years illustrates how a focused strategy can capture a sizable share of this burgeoning demand, positioning the firm as a benchmark for domestic players.
The firm’s success rests on a talent‑centric model and an open‑architecture approach that prioritizes alternative assets such as private equity, credit, and market‑linked debentures. With a median relationship‑manager experience of nearly two decades and a workforce of 700+ professionals, InCred delivers bespoke advisory services that blend global investment ideas with local market insight. Its offshore arm, InCred Global Wealth, extends this capability internationally, managing $3 billion across key financial hubs and providing clients access to curated late‑stage private‑company exposures and overseas themes.
For the broader industry, InCred’s trajectory signals a shift toward integrated wealth platforms that combine deep advisory expertise with diversified product suites. As Indian UHNW families seek global diversification, firms that can seamlessly integrate domestic and offshore capabilities will likely dominate future market share. This trend also pressures traditional banks to innovate their private‑banking offerings, while fintech entrants may find partnership opportunities with established players to broaden distribution of alternative investments.
InCred Wealth crosses Rs 1 lakh Cr in AUM within 6 years of launch
InCred Wealth has grown to over $10 billion, or more than Rs 1 lakh crore, in assets under management. The Mumbai‑based firm reached this scale in six years.
By Kunal – 10 February 2026
Private wealth management in India is expanding. A recent Deloitte report estimates the segment will grow to $2.3 trillion by FY29 from $1.1 trillion in FY24. This has led to the entry of many new platforms and frequent funding activity over the past decade.
In this context, InCred Wealth has grown to over $10 billion, or more than Rs 1 lakh crore, in assets under management. The Mumbai‑based firm reached this scale in six years, which market participants attribute to consistent execution and a strong team across leadership and client‑facing roles.
In wealth management, scale often follows talent. InCred links its hiring strength to founder Bhupinder Singh’s track record. Singh spent over two decades at Deutsche Bank before founding InCred in 2016. The unicorn status of InCred Finance in 2023 has further added to the group’s credibility with senior professionals and clients.
As per the firm, InCred Wealth now has over 700 relationship managers serving family offices, ultra‑high‑net‑worth individuals, and emerging affluent customers.
“Beyond conventional advisory, we have expanded access to global and private‑market opportunities for our clients, including curated exposure to late‑stage private companies, overseas themes, and alternative strategies,” said CEO Nitin Rao in an interaction with Entrackr.
Rao has been with InCred Wealth since its inception in 2020. He earlier built HDFC Bank’s private banking franchise and later led Reliance Wealth Management. Highlighting InCred Wealth’s approach, Rao said the firm was built “from the ground up” with the aim of bringing global‑quality ideas into Indian wealth management.
The strong network of relationship managers across distinct verticals and a median banker experience close to two decades helps InCred Wealth stay close to client needs. Its offering follows an open‑architecture model with a tilt towards alternatives such as private equity, credit, and market‑linked debentures. This is supported by a structured products desk and group synergies across broking, institutional research, investment banking, and capital markets.
Alongside its domestic business, InCred Wealth has also built an offshore platform, InCred Global Wealth.
“We manage more than $3 billion in assets through teams based in Singapore, Dubai, and London,” Rao said.
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