# Vivriti Capital Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vivriti-capital-private

- Industry: Financial Services
- Headquarters: Chennai, India
- Website: www.vivriticapital.com
- Total disclosed funding: $174M
- Latest round: Series C (May 9, 2022)
- Investors on record: 4

## About

Vivriti Capital Private Limited is a financial services firm specializing in providing innovative credit solutions tailored to mid-market enterprises in India.Founded in 2017 in Chennai, India, Vivriti Capital Private Limited focuses on bridging funding gaps for mid-market enterprises. The company was co-founded by Gaurav Kumar and Vineet Sukumar. Vivriti has successfully conducted seven deals, with the latest being a Series C funding round in September 2024, raising INR 3025 mn from TVS Capital Funds. The company currently has a valuation of INR 106982.315 mn.Vivriti Capital offers a diverse range of financial products specifically designed for mid-market enterprises in India. Their services include term loans, working capital demand loans, supply chain finance, co-lending, securitization, and non-convertible debentures. These offerings address the critical funding challenges faced by businesses with suboptimal credit ratings, enabling them to sustain growth, enhance operational liquidity, and efficiently manage supply chains. The firm caters to over 400 enterprises across more than 50 sectors, providing tailored solutions to meet unique business needs.In the most recent year, 2022, Vivriti Capital reported a revenue of INR 54364713.2 and an EBITDA of INR 11684573.5. The company generates revenue through structured B2B lending transactions, offering various financial products designed to suit the operational cycles of its clients, which fosters long-term partnerships and promotes sustainable growth.Vivriti Capital plans to utilize the recent venture debt funding of USD 25 million raised in September 2024 to expand its operations within the electric vehicle (EV) ecosystem. This includes establishing charging stations and developing battery-swapping infrastructure. The strategic focus on the EV sector aims to position Vivriti Capital in emerging markets, enhancing its service offerings as the demand for such infrastructure grows.

## Funding rounds

- Series C, May 9, 2022, $39M — TVS Capital Funds
- Series C, Mar 29, 2022, $42M — Creation Investments Capital Management, Lightrock
- Series B, Sep 22, 2020, $1.4M — Creation Investments Capital Management
- Series B, Mar 17, 2020, $46M — Lightstone Ventures
- Series A, Mar 29, 2019, $17M — Creation Investments Capital Management
- Series A, Jan 18, 2019, $28M — Creation Investments Capital Management

## Investors

- Creation Investments Capital Management (https://capitalatlas.ai/funds/creation-investments-capital-management) — Series A, Series B, Series C
- Lightstone Ventures (https://capitalatlas.ai/funds/lightstone-ventures) — Series B
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series C
- TVS Capital Funds (https://capitalatlas.ai/funds/tvs-capital-funds) — Series C