Vivriti Group, a financial services firm focused on the mid-market, has launched a new unified operating and holding structure that brings together its lending and private credit businesses.
The move is aimed at making it easier to consolidate operations and accelerate growth.
“This strategic reorganisation will bring the core mid-market lending business of Vivriti Capital and the private credit asset management business of Vivriti Asset Management under a unified platform,” the company said in a statement.
Under the new structure, called Vivriti Next, the group plans to offer a wider range of services for mid-sized businesses, including capital markets support, technology solutions, and advice on financing, risk management, ratings, and ESG practices.
Vineet Sukumar, founder and Managing Director at Vivriti, has personally committed an equity investment of Rs 200 crore in the platform.
With the new capital infusion, his stake in the company will go up from less than 7% to 11.5%. Going forward, he plans to increase his holding further as the company prepares for a public listing within the next three years.
Overall, the group has raised a total of Rs 1,630 crore in equity from promoters and investors, including Creation Investments, Lightrock, and TVS Capital Funds.
“As our mid-market clients have scaled over the years, their needs have moved well beyond standalone borrowing to strategic solutions,” said Sukumar in a media statement. “They are navigating capital markets access, balance sheet structuring, ESG & risk management, and technology-led efficiency—all at the same time,” he added.
Vivriti Next is set to officially come into effect on April 1.
