Incred

- Vivek Bansal, InCred CFO, and Sunil Daga, Kotak President, are launching Saarathi Finance, an MSME-focused NBFC. - Both are serving notice periods and seeking Rs 600 crore in equity funding for the venture. - Saarathi Finance, registered in August, has applied for an NBFC license with the RBI. - The company aims to provide secured loans to MSMEs and unsecured personal loans via a digital-first super app. - Bansal and Daga bring extensive experience in banking and SME lending to the new venture. Source: [Moneycontrol](https://www.moneycontrol.com/technology/mc-exclusive-incred-cfo-vivek-bansal-quits-to-launch-fintech-startup-kotak-president-sunil-daga-set-to-join-article-12817241.html)

So Zepto was the first, InCred becomes the second one. 2 unicorns this entire year 🙀