Financial services startup InCred raises $75 million

Mumbai-based non-banking financial company (NBFC) InCred Finance, founded by former Deutsche Bank senior executive Bhupinder Singh, has secured $75 million in a funding round led by Deutsche Bank's former co-CEO Anshu Jain. The latest investment is one of the largest fintech deals in India this year. The startup focusses on providing SME loans, home loans and education loans.