InCred Healthcare Portfolio

Gurpreet brings over 18 years of experience in equity investing across corporate treasury, family offices, PMS, and insurance, with exposure to managing institutional mandates in India. He has managed multi-strategy portfolios ranging from ₹360 crores to ₹2,400 crores in AUM, and has worked with leading institutions including Bajaj Group Treasury, Narotam Sekhsaria Family Office, Aviva Life Insurance India. His investment approach is fundamentally driven with a strong bottom-up research focus, combined with an understanding of macro cycles, sector dynamics, and behavioural factors. He is known for his process-oriented philosophy, disciplined risk management, and consistent portfolio construction across market environments. He has also contributed to building investment research frameworks, mentoring teams, supporting investment committees on asset allocation and risk decisions, and strengthening investor communication processes. Gurpreet holds a postgraduate degree in business management with dual specialisations in Finance and Insurance & Banking.

Bhupinder Singh brings over two decades of experience in financial services, with 10 years of experience in steering Indian businesses. He founded the InCred Group in 2016 with an aim to build a world-class diversified financial services company. Today InCred has a presence in Lending, Wealth Management, Asset Management, Investment Banking & Capital Markets, Equities Research & Broking to name a few. Prior to this, he was the head of the Corporate Finance division of Deutsche Bank and co-headed the Fixed Income, Equities and Investment Banking divisions for the Asia Pacific region.

Saurabh has 20+ years of experience across the credit and financing business in Asia and has been part of the founding team at InCred Group since 2016. Saurabh is the CIO for alternative credit strategies for InCred Capital and also looks at the SME lending business at InCred Finance, the NBFC arm. Prior to joining InCred, Saurabh was a Managing Director at Deutsche Bank leading the private financing and performing credit business for India and South East Asia. He was running a team of 25 analysts and structures split across India, Singapore and Hong Kong and was responsible for direct lending, leverage and acquisition financing and Holdco financings. Prior to this, Saurabh worked for Deutsche Bank in Hong Kong as part of their private equity business focused on Indian markets. He started his career at ICICI Securities in their investment banking services. Saurabh has a post-graduate diploma in management from IIM Bangalore, is a CFA charterholder and has an undergraduate in commerce and accounting from St Xaviers College, Kolkata.

Vivek Singla has joined us as a Managing Partner & CIO, Private Equity at InCred Alternative Investments. Vivek brings over 18 years of investment experience across private and public equity markets. Before joining InCred Alternative Investments, he was earlier associated with Avendus as a Principal for Avendus Private Equity and was instrumental in building the Future Leaders Fund from an idea into a well known name in the Indian private equity ecosystem. The Fund had raised a cumulative committed capital in excess of INR 18.5 bn with 15 investments (1 under closing) across consumer, financial services, digital & technology, IT services and enterprise services and had grown into an 8 member strong investment team. Prior to Avendus, Vivek was part of CLSA Private Equity (committed capital of US$ 400 mn), where he was involved in the firm's investment activities in India as well as spearheading its business presence across 5 countries of South East Asia including Indonesia, Vietnam, Malaysia, Thailand and Singapore. Overall, during his long private equity stint, Vivek has maintained a stellar track record while consummating 20 investments, delivering 7 full exits, each with minimum MOIC of 2x and minimum IRR of 15%. His pro capital preservation style of deal making has held him in good stead with zero write offs/write downs till date. Before CLSA, he was part of public markets focused investment teams at Kotak Asset Management and Standard Chartered Asset Management with combined equity AUMs of INR 60 bn +. Vivek holds an MBA from IIM Lucknow and a B Tech in Chemical Engineering from IIT Delhi, where he was awarded the GATE scholarship. He is also CFA (US) Charterholder.

Ankur has 15+ years of alternative investing experience in India. 6 years of which in private equity investing and balance in operational consulting and private credit. Formerly with KKR, Edelweiss, Alvarez & Marsal, WL Ross & Co and D.B. Zwirn & Co. Experience straddles vertically across public and private markets and horizontally across a) Investing – through the capital structure and situations, b) Portfolio Management – value creation, crisis management, troubled portfolio resolution and c) Exits – cash flow linked, capital markets, enforcement and settlements. Among the only investing professionals in India who has worked across market cycles and experienced investing, exits and workouts – a must have for successful private credit investing. Experience includes Investing (c. Rs4,400cr) and generated an IRR of c.18%. Ankur holds CFA and MS (Finance) from ICFAI University.