Indian market lending startup Vivriti Capital raises $30 million
Vivriti Capital, [https://www.vivriticapital.com/] an India-based mid-market lending startup has raised $30 million from TVS Capital's arm, TVS Shriram Growth Fund 3, a private equity fund. * The funding comes as the startup's Series C round extension where it had earlier raised $55 million from
Vivriti Capital, an India-based mid-market lending startup has raised $30 million from TVS Capital's arm, TVS Shriram Growth Fund 3, a private equity fund.
- The funding comes as the startup's Series C round extension where it had earlier raised $55 million from Lightrock and Creation Investments.
- The funding will be used to improve relationships with clients and invest in technology and product development, the firm claims.
- The funds will be allocated between Vivriti Capital and Vivriti Asset Management, a subsidiary that deals in close-ended debt funds investing in mid-sized corporates.