- India’s InCred Group has acquired UAE-based Arrow Capital to enhance its operations in wealth management, investment banking, and asset management.
- Through this acquisition, InCred will expand its business scope, gaining new offices in Dubai, Singapore, and London.
- Both InCred and Arrow Capital were founded in 2016, and this acquisition further strengthens InCred’s position in the financial and banking sector.
India’s InCred Group has announced the acquisition of UAE-based Arrow Capital, without disclosing the deal’s value, as part of its strategy to expand operations in the Middle East and North Africa (MENA) region.
This acquisition aligns with InCred’s efforts to strengthen its wealth management, investment banking, and asset management capabilities. Through the deal, the group will now manage assets exceeding $2 billion, while also benefiting from new offices in Dubai, Singapore, and London.
Arrow Capital was founded in 2016 by Rohit Nanani and specializes in providing financial and investment advisory services to high-net-worth individuals, families, investment funds, and institutional entities.
Similarly, InCred was established in 2016 and operates in the financial services, banking, and insurance sectors through three key entities:
- InCred Finance, specializing in lending.
- InCred Capital, focusing on wealth and asset management.
- InCred Money, a platform for alternative investments and bonds.
This acquisition reflects InCred’s commitment to expanding its global footprint and growing its client base in international financial markets.
