InCred's Asset Management Arm Acquires 20% Stake In TeamNest: Report

According to media reports, Co-founder of TeamNest, Prashant Shah said that this investment will allow us to accelerate outreach across the country, expand our reach, and become the hire-to-retire partner for our customers

InCred's Asset Management Arm Acquires 20% Stake In TeamNest: Report
InCred's Asset Management Arm Acquires 20% Stake In TeamNest: Report
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InCred Group's wealth and asset management arm on Thursday acquires a 20 per cent stake in a Mumbai-based HR SaaS platform TeamNest. 

According to media reports, this investment is part of InCred's Series A funding round in TeamNest. 

The financial details of the transaction were not disclosed. 

TeamNest is a cross-border, multilingual platform that helps businesses manage their payroll and human resources function more efficiently. 


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