InCred Capital ropes in Sanjay Singh as investment banking head

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.”

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.

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