In a statement, Incofin said it has made the investment through its India Progress Fund (IPF). : Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas European impact investor Incofin Investment Management on Friday said it has invested USD 4.7 million (about Rs 35 crore) in a Series A equity round in Namdev Finvest.