Vivriti Capital raises Rs 200 crore from Creation

The NBFC plans to use the new funds for strengthening its technology platform as well as for onward lending to borrowing corporates, and thereby strengthen its balance sheet.

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“This is one of Creation Investment’s largest investments globally. They are also invested in small finance banks and lending startups in India, among others,” said Gaurav Kumar, founder, Vivriti Capital.
BENGALURU: Vivriti Capital, a Chennai-based lending platform for corporate entities, has raised equity funding of Rs 200 crore in its series-A round from Creation Investment, an investment management company dedicated to financial services.

The non-banking finance company (NBFC) plans to use the new funds for strengthening its technology platform as well as for onward lending to borrowing corporates, and thereby strengthen its balance sheet.

It plans to expand its online market platform by designing advanced analytics, end-to-end workflow automation, credit scoring systems and portfolio monitoring mechanisms, besides expanding the current product offering.


“This is one of Creation Investment’s largest investments globally. They are also invested in small finance banks and lending startups in India, among others,” said Gaurav Kumar, founder, Vivriti Capital.
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