InCred Capital Launches Wealth Platform For Ultra-High-Net-Worth Individuals

InCred Capital has launched InCred Black, a wealth management platform catering to ultra-high-net-worth individuals, entrepreneurs, and business families in Mumbai.

The platform has been co-founded by Alok Agrawal, Harmeet Sahney, and Zarksis Gotla, who bring over 80 years of combined wealth management experience from institutions like Kotak, Barclays, and Credit Suisse.

These veteran bankers will shape the strategy, deepen client relationships, and expand the team as the business grows. They have previously advised prominent ultra-high-net-worth clients across India and have built the wealth business at Avendus over the past 15 years.

InCred Black plans to recruit more senior bankers and specialist professionals as it expands, offering a wide range of services including personalized wealth management, investment opportunities, asset allocation, alternative investments, and global investing.

The platform will be supported by the investment, advisory, and institutional capabilities of InCred Capital and the InCred Group, providing greater specialization, differentiated access, and tailored solutions to wealthy families with complex financial requirements.

The launch of InCred Black follows the expansion of InCred's existing wealth franchise, which has crossed ₹1 lakh crore in assets under management and already serves a large base of ultra-high-net-worth customers.

Bhupinder Singh, Founder and Group Chief Executive Officer of InCred, stated that the launch would bring a sharper proposition and the group's capabilities to sophisticated clients.

Nitin Rao, Chief Executive Officer of InCred Wealth, added that the platform would add depth to the existing franchise and provide greater specialization for ultra-high-net-worth relationships.

InCred aims to position InCred Black as a trusted primary wealth adviser for India's leading ultra-high-net-worth families, offering a unique value proposition and expertise in wealth management.

The launch of InCred Black is a significant development in the wealth management sector, as it caters to the growing demand for specialized financial services among ultra-high-net-worth individuals in India.

With its experienced team, wide range of services, and support from InCred Capital and the InCred Group, InCred Black is well-positioned to become a leading player in the wealth management industry.

The platform's focus on providing personalized services, investment opportunities, and tailored solutions will enable it to build strong relationships with its clients and help them achieve their financial goals.

In the long run, the success of InCred Black will depend on its ability to deliver exceptional results, build trust with its clients, and adapt to the evolving needs of the ultra-high-net-worth segment in India.

As the wealth management industry continues to grow and evolve, InCred Black is poised to play a significant role in shaping the financial landscape for ultra-high-net-worth individuals in India.