Mumbai, Wednesday, 7th February 2024: After the successful launch of the first Market Linked Debenture (MLD) offering on its platform in August 2023, Bidd has now listed a new innovative MLD on its platform for investors looking to participate in India's equity story with an added layer of safety.

The InCred 1.5x Nifty Accelerator MLD (hereafter referred to as 1.5x Nifty MLD) is issued by InCred Financial Services Limited (IFSL), a leading new age financial services company. InCred attained the 'Unicorn' status in December 2023. IFSL has recorded a PBT of INR 298 Cr for the period Apr-Dec 2023.

The 1.5x Nifty MLD provides a return equivalent to 1.5 times (150%) of the Nifty 50 Index returns, capped at a maximum of 33% total returns at Maturity in Apr'26 (~26 months) *. In addition, the MLD offers 100% Principal Protection at Maturity that serves as a safeguard against unforeseen risks. The product has a credit rating of Crisil PP-MLD A+ with 'Stable' Outlook.

With a resilient domestic economy, India shines bright on the global stage, and is rightly seeing investor enthusiasm. This presents a favourable opportunity to participate in India's equity markets and MLDs offer a remarkably risk-efficient way to do this.

Commenting on the launch of the MLD, Vijay Kuppa, CEO at Bidd said, "Indian Equity Markets are near All Time Highs and investor interest is still very strong. This is the time when one needs to evaluate their portfolio from a risk-return perspective. With 100% Principal Protection on the downside and 1.5 times of Nifty 50 returns on the upside at Maturity, the MLD will help you stay invested in the stock market with confidence. The 'Anytime Liquidity'# feature on the Bidd platform also offers the flexibility and convenience when managing your investments."

Mumbai :Wednesday, 16th August 2023: "Bidd (www.biddeasy.com) is launching its maiden issue of Market-Linked Debentures (MLDs) for retail investors. A globally popular investment category, MLDs in India have thus far only been accessible to large institutions and ultra-high-net-worth individuals due to high-ticket sizes.

This maiden MLD offering, the InCred Nifty Balanced MLD Aug'25, is issued by InCred Financial Services Limited, which is A+ rated and one of the leading NBFCs in its market segments. The product is exclusively available on the Bidd platform.

The issue offers 100% Principal Protection at Maturity, and the returns are linked to the Equity Market Benchmark Nifty 50 Index. It provides a minimum total return of 14% at Maturity (31st Aug 2025) and offers an upside participation in the Nifty 50 Index that can lead to an overall total return of 30% at Maturity.

Bhupinder Singh, Founder and Group CEO of InCred, is very excited about this launch. According to him "This MLD product enables investors to participate in the Indian equity growth story, with principal protection and a minimum guaranteed return. InCred is known for cutting edge product innovation and this issue is yet another example of that".

Commenting on the launch of the MLD, Vijay Kuppa, CEO at Bidd said, "Today's investors are looking for more than just conventional investment products. They need solutions that combine the twin requirements of stability and growth. The MLDs on our platform address this demand by bridging the gap between fixed-income and market-linked returns. To address the challenge of illiquid secondary markets for debt instruments, we are also offering the feature of 'Anytime Liquidity' on the Bidd platform. We understand the value liquidity has for debt market participants, and this step strives to offer our investors with the flexibility and convenience when managing their investments."

This is the second product from Bidd after the successful launch of their Corporate Bond offering in June 2023 and is in line with their vision to empower retail and mass affluent investors seeking better risk-adjusted returns by giving them access to alternate investment options starting from just Rs. 1 lakh.

Mumbai :Friday, 23 June 2023: Bidd (www.biddeasy.com) launches its first product, corporate bonds, with an issuance that offers investors fixed returns of 12.5% p.a. (XIRR)*. The investor-first, curated alternate asset platform enables diversification and wealth creation through a user-friendly process, democratizing access to products previously available only to Ultra HNIs and Institutions.

Bidd is part of the InCred Group and was launched with the acquisition of Orowealth, one of the leading retail-focused digital investment platforms that managed an AuM of INR 1,150+ Cr. The Bidd platform will span both B2C and B2B2C verticals, providing a comprehensive suite of investment products and services for both Investors and Financial Advisors.

Under the InCred fold, Bidd will have significant competitive advantages with access to a deep network of issuers and industry leading credit & risk assessment capabilities. In addition to its fintech capabilities, Bidd will also have the added advantage of the support of a large financial services organization. This will greatly help in the journey of making alternate assets easy, trustworthy, and lucrative for the end investor.

Commenting on the launch Vijay Kuppa, CEO, Bidd said, "We are excited to launch the first of our many products that will help retail investors boost their returns, protect against inflation, and diversify their overall wealth portfolio. Our platform will make it easier than ever for investors to access the bond market and will be a valuable tool for both novice and expert level investors. We are committed to providing our clients with the best possible investment experience, and we believe that Bidd will help investors build well diversified and resilient portfolios for achieving their financial goals."

Bhupinder Singh, Founder and CEO of InCred Group, said "I strongly believe that the democratization of investment opportunities covering the Mass Affluent and Retail segments will be driven by digital platforms that unlock access to non-traditional assets for investors as well as their advisors. This maiden product offering under our Bidd brand is the first step towards enabling retail clients to diversify into the alternates space and will be followed by many more interesting opportunities for them to generate potential alpha."