Zerodha Co-founders Nikhil and Nithin Kamath acquired a minor stake in InCred Holdings Limited, the parent company of InCred Financial Services, by purchasing shares worth ₹250 crore. The development comes ahead of the company's anticipated IPO. "Backing [InCred] is a bet on that broader shift and belief that responsible lending can scale without losing sight of fundamentals,” said Nikhil Kamath.