InCred Capital Launches InCred Black in Push for India's UHNI Families

InCred Capital has announced the launch of InCred Black, a focused proposition for ultra-high-net-worth individuals, entrepreneurs and business families, with Alok Agrawal, Harmeet Sahney and Zarksis Gotla joining as co-founders. InCred Black brings together personalised wealth management services and access to capabilities across asset allocation, alternatives, public and private markets, credit, liquidity solutions and global investing, backed by the broader investment, advisory and institutional strengths of InCred Capital and the InCred Group. The launch builds on InCred's existing Wealth franchise, which has crossed Rs 1 lakh crore in assets under management and already serves a large UHNI client base.

Co-founders bring decades of Avendus experience

Agrawal, Sahney and Gotla are credited with building the wealth business at Avendus over the last 15 years and bring more than 80 years of collective experience at firms including Kotak, Barclays and Credit Suisse, advising some of India's most prominent UHNI clients. They will play a central role in shaping InCred Black, deepening client relationships and expanding the team as the proposition scales, with further senior bankers and specialist talent expected to join.

Strengthening the wider wealth platform

Bhupinder Singh, Founder and Group Chief Executive of InCred, said: "We've built a powerful wealth franchise with deep client relationships and significant scale. InCred Black raises the bar further - bringing a sharper proposition, differentiated access and the full capabilities of InCred to our most sophisticated clients, while strengthening the broader wealth management platform." Nitin Rao, Chief Executive of InCred Wealth, added: "InCred Black adds further depth to an already strong Wealth franchise. It gives our UHNI relationships greater specialisation, while the talent, ideas and access it brings will strengthen what we can offer clients across the platform."