InCred acquires Dubai-based financial services firm Arrow Capital

India's diversified financial services firm InCred Group has acquired Arrow Capital (DIFC) Limited, a Dubai-based boutique financial services firm, according to an official statement.

Founded in 2016, Arrow Capital is regulated by the Dubai Financial Services Authority (DFSA). The company provides financial services to ultra-high net worth individuals (HNIs), families, trusts, and corporate entities worldwide.

This move marks a significant expansion of InCred's global capabilities across wealth management, investment banking, and asset management while strengthening its presence in the Middle East and Africa.

“The acquisition of Arrow Capital marks a significant milestone in InCred's journey toward becoming a global leader in diversified financial services. Arrow's deep understanding of the Middle Eastern and African markets, combined with its strong client relationships and broad service offerings, will significantly enhance our ability to serve the sophisticated needs of clients across various segments,” Bhupinder Singh, founder and CEO of InCred Group said.

Following the acquisition, InCred Global Wealth, with offices in Dubai, Singapore, and London, will manage assets exceeding $2 billion.

Rohit Nanani, founder and CEO of Arrow Capital, said joining forces with InCred presents an exciting opportunity to leverage combined strengths.

“InCred's innovative approach and Arrow's expertise across multiple financial domains create a powerful synergy that will drive growth and deliver exceptional value to our clients,” he said.

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