InCred Capital has announced the acquisition of Quintessentially India, a move aimed at strengthening its presence in the luxury lifestyle and concierge services sector.
The transaction will see InCred Capital take over the operations of Quintessentially India, which is part of the global Quintessentially Group, a company known for providing high-end concierge and lifestyle management services to affluent clients.
With this acquisition, InCred Capital intends to expand its offerings in the luxury segment, leveraging Quintessentially India’s established network and expertise in catering to the needs of high-net-worth individuals.
Bhupinder Singh, Founder and Group CEO of InCred, stated, “This acquisition marks a significant step in our strategy to diversify into the luxury lifestyle space. Quintessentially India’s reputation and client-centric approach align well with our vision for growth in this sector.”
Quintessentially India has been operating in the country for over a decade, providing services such as bespoke travel arrangements, exclusive event access, and personal assistance to its members. The company’s integration with InCred Capital is expected to enhance the range of services available to clients, combining financial solutions with luxury lifestyle management.
According to InCred Capital, the acquisition will also enable cross-selling opportunities between its financial services and the luxury lifestyle offerings of Quintessentially India.
The terms of the deal have not been disclosed. The acquisition is subject to customary closing conditions.
Other Articles
