Other Private Equity/Strategic Investments
InCred Capital acquires 20% in HR-tech startup TeamNest
Financial services firm InCred Capital has acquired a 20% stake in Hyderabad-based TeamNest, an HR SaaS platform which helps businesses manage their payroll and human resources functions. InCred Capital's investment forms a part of the Series A round in TeamNest and will enable the platform to expand its reach and enhance its product offerings. The investment will also allow TeamNest to tap into InCred Capital's network. Teamnest claims to be a self-signup cloud platform to manage employees and organisational processes quickly and easily.
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