InCred Capital, the institutional, wealth and asset management arm of InCred Group, has introduced the acquisition of Singapore-based fund administration agency S Dice Capital because it expands its offshore wealth and asset administration enterprise.

The transaction, which is topic to regulatory approvals, will see S Dice Capital built-in into InCred International Wealth Pte Ltd, the group’s Singapore entity. The acquisition provides regulated fund automobiles and funding capabilities to InCred’s Singapore platform.

The transfer follows InCred Group’s acquisition of Dubai-based Arrow Capital in February 2025 and varieties a part of the corporate’s technique to strengthen its presence throughout the Singapore-Gulf Cooperation Council (GCC)-India funding hall.

As a part of the deal, S Dice Capital executives Balaji Swaminathan and Hemant Mishr will be a part of InCred International Wealth as joint vice chairmen of its international asset administration enterprise.

InCred Capital didn’t disclose the scale or valuation of the deal.

S Dice Capital is regulated by the Financial Authority of Singapore (MAS) and was based by a group of senior funding bankers with greater than 70 years of mixed trade expertise.

InCred International Wealth, which can be regulated by MAS, offers providers together with credit score, investments and legacy planning for ultra-high-net-worth people, household workplaces and institutional traders.

“S Dice Capital’s mixture of regulated fund infrastructure, mounted revenue and different experience, and an skilled funding group suits naturally inside our platform,” stated Srikantan Selvamani, CEO of InCred International Wealth.

“The acquisition provides scale and a powerful suite of fund automobiles and options to our Singapore providing, whereas strengthening the muse of our international asset administration enterprise,” he added.

Bhupinder Singh, founding father of InCred Group, stated the combination would improve the corporate’s cross-border funding capabilities and help purchasers investing throughout a number of geographies.

InCred Capital operates throughout India, Singapore, Dubai and London, providing wealth management, asset administration and capital markets advisory providers to institutional traders, corporates and rich people.

It at present manages greater than Rs 1 lakh crore (about $10.5 billion) in wealth belongings underneath administration, the corporate stated.

Based in 2016, InCred Holdings operates by way of three enterprise verticals: InCred Capital, non-banking monetary firm InCred Monetary Companies, and retail funding platform InCred Cash.

The group filed confidential draft papers for an IPO with the SEBI in November and submitted an up to date draft pink herring prospectus final week.

The proposed IPO includes a fresh issue of shares worth Rs 1,250 crore and a proposal on the market of as much as 9.9 crore shares by present traders.

InCred Group has raised greater than $450 million from traders together with Varanium Capital Advisors, Sattva Group and Paragon Companions.