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Lender to mid-market cos. Vivriti Group consolidates; promoter infuses Rs.200-Cr
Mumbai-based Vivriti Group has announced a new unified operating and holding structure for its lending and private credit businesses. Founder Vineet Sukumar will infuse INR 200 crore in fresh capital to support this expansion. This capital infusion is intended to drive growth, profitability, and capital efficiency across businesses.Equity shareholders of Vivriti Capital, including Creation Investments, Lightrock, and TVS Capital Funds, who collectively hold approximately 75% of the company, will transition to the new holding-company structure. The new consolidated entity, Vivriti Next, will hold the lending business of Vivriti Capital and the private credit asset management business of Vivriti Asset Management.Founded in 2017, Vivriti Group primarily lends to mid-market corporates. Vivriti Next plans to expand its offerings for mid-market enterprises to include capital markets, technology solutions, and advisory services on capital structuring, financing, risk, ratings, and environmental, social & governance (ESG).
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