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
