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InCred Capital ropes in Sanjay Singh as investment banking head

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MUMBAI: InCred Capital has appointed Sanjay Singh as head of investment banking, tasking him with leading advisory and capital markets operations. The move comes as India’s investment banking scene surges, driven by booming capital markets, corporate consolidation, and rising global investor interest.

Singh brings over 20 years of experience across investment banking, corporate finance, M&A, deal structuring and private equity. He spent 13 years at KPMG India as partner – deal advisory and head of its life sciences practice, and most recently served as partner & India head at BDA Partners, also co-heading healthcare in Asia. He has executed marquee M&A and PE transactions and forged trusted relationships across corporates and private equity clients.

Founder of InCred, Bhupinder Singh, said: “We are thrilled to welcome Sanjay. His leadership comes at a pivotal time, positioning InCred strongly to seize the immense opportunities in India’s fast-evolving investment banking market.”

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Sanjay Singh added: “With a GDP of $4.2 trillion and growth of 8.2 per cent, India remains a compelling investment destination. Clients need investment banks that can handle complex deals and deliver bespoke advisory solutions. InCred’s breadth across M&A, PE advisory and ECM is unmatched, and I look forward to scaling its operations in India and globally.”

InCred Capital has built a track record with deals including Indiabulls Housing Finance’s Rs3,690 crore rights issue, Raymond’s Rs2,825 crore consumer business sale to Godrej Consumer Products, and U GRO’s Rs1,270 crore preferential issue. In the new-age ecosystem, it advised on Swiggy’s Rs1,000 crore pre-IPO secondary stake sale, OYO’s Rs613 crore capital raise, and Ethos Watches’ Rs490 crore pre-IPO. The team has also driven strategic M&A moves including Raymond Group’s Rs682 crore advisory, Dodla Dairy’s Rs470 crore acquisition of OSAM Dairy, and Livpure’s Rs230 crore capital raise.

Most recently, InCred acted as exclusive financial advisor to Beroe on its Rs300 crore ($34 million) primary fundraise, cementing its reputation as a trusted partner for both high-growth scale-ups and global market leaders.

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With Singh at the helm, InCred Capital is primed for the next big wave of deals—fast, bold, and unapologetically ambitious.
 

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Brands

Mother Dairy unveils 30 plus products for summer portfolio push

Ice creams, regional dairy and high-protein range drive 30 per cent growth plans

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MUMBAI: If summer had a flavour, Mother Dairy is making sure it comes in at least 30. As temperatures climb, Mother Dairy is turning up the chill with an expansive product blitz, announcing a pipeline of over 30 new offerings across its value-added dairy portfolio. Rolled out in phases through the season, the line-up spans indulgence, health, convenience and regional tastes, an attempt to meet India’s increasingly diverse consumption patterns head-on.

Ice creams take centre stage, accounting for around 20 of the new launches. The brand is introducing formats such as a Two-in-One Matka and Tub, alongside a premium ‘Crafted’ range and flavours like Cream Cheese Pistachio Cone and Kulfi Cassata. There is also a clear nod to calorie-conscious consumers, with the debut of a ‘Go-Low’ range featuring variants such as Choco Almond, Shahi Mewa and Kesar Pista Tilla Kulfi.

Beyond indulgence, the company is sharpening its regional play. Products like Jamun Yoghurt and Bhuna Jeera Raita aim to tap into local flavour preferences, while Shrikhand offered in three variants targets western markets. For northern consumers, Meethi Dahi joins the mix, reinforcing a localisation strategy that goes beyond one-size-fits-all offerings.

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Convenience is another key lever. Mother Dairy is expanding its UHT milk portfolio with Cow Milk and Standardised Milk in markets such as Jammu and Kashmir, catering to demand for longer shelf-life products without compromising accessibility.

On the nutrition front, the brand is doubling down on protein. Its ‘Pro’ range is being strengthened with Procurd and Propaneer high-protein curd and paneer variants positioning itself within the growing health-conscious segment while retaining its core taste proposition.

The scale of the rollout signals more than just seasonal experimentation. With expectations of over 30 per cent growth across key categories, the company is betting on innovation as a primary growth engine, supported by a mix of traditional and new-age distribution channels.

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Marketing, too, is set to match the ambition. High-impact campaigns across ice creams and flavoured milk are in the pipeline, aimed particularly at younger consumers and designed to amplify summer consumption moments.

In a market where heat often dictates demand, Mother Dairy is not just responding to the season, it is trying to own it, one scoop, sip and spoonful at a time.

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