InCred Group, a diversified financial services firm, has announced its acquisition of Arrow Capital (DIFC) Limited, a prominent boutique financial services provider based in Dubai. This acquisition, revealed on February 17, 2025, is a strategic move aimed at enhancing InCred’s global capabilities in wealth management, investment banking, and asset management.

Arrow Capital, established in 2016 and regulated by the Dubai Financial Services Authority (DFSA), has built a strong reputation as a trusted advisor to ultra-high-net-worth individuals, families, trusts, and corporate clients worldwide. The firm offers a comprehensive range of services, including wealth management, investment advisory, corporate finance, and asset management. This aligns well with InCred’s objective of delivering holistic financial solutions to its clients.

Following the acquisition, InCred Global Wealth will oversee assets totaling more than USD 2 billion. This achievement is notable for a firm that has been operational for just over three years. Bhupinder Singh, Founder and CEO of InCred Group, remarked that this acquisition signifies a crucial step in their ambition to become a global leader in diversified financial services. He highlighted Arrow’s deep understanding of the Middle Eastern and African markets as a vital asset that would enhance InCred’s ability to meet clients’ sophisticated needs.

Rohit Nanani, Founder and CEO of Arrow Capital, expressed enthusiasm about the merger, noting that the collaboration would allow them to leverage their combined strengths for improved service offerings. He emphasized that InCred’s innovative approach, paired with Arrow’s expertise, would create a powerful synergy aimed at driving growth and delivering exceptional value to clients.

Srikantan Selvamani, CEO of InCred Global Wealth Pte. Ltd. in Singapore, pointed out that the Middle East is one of the fastest-growing wealth markets globally. He expressed excitement about having Rohit lead their initiatives in the region, focusing on expanding into new markets and attracting talent, which aligns with their goal of becoming the most respected financial services firm in the area.

The integration of Arrow Capital into InCred’s global operations will further solidify its presence in Dubai, complementing its existing offices in Singapore and London. This acquisition is anticipated to accelerate InCred’s growth across multiple business lines.