Vivriti Capital: Raises US$55M in Series C Financing

Vivriti Capital Raises US$55M in Series C Financing

• Vivriti Capital, a Chennai, India-based tech-enabled credit investment platform serving institutional and retail markets, raised $55m in Series C funding
• Backers included Creation Investments Capital Management and Lightrock India
• The company, which has raised US$165m since inception, intends to use the funds for business expansion as well as technology for acquisitions, product delivery and portfolio management
• VivritiCapital is a fintech NBFC that aims to bring necessary debt finance to hundreds of mid-market enterprises across India
• Over the past five years, the firm has built a franchise, with INR 3,700 crores of portfolio, as well as 300+ clients across 30+ sectors and 26 states