Mumbai: Vivriti Group, led by Vineet Sukumar, introduced on Tuesday the creation of a brand new working and holding firm to accommodate its lending and personal credit score enterprise beneath a unified platform, to increase past its core choices with the founder infusing ₹200 crore in recent capital.
Vivriti Group, led by Vineet Sukumar, introduced a brand new unified working and holding construction for its lending and personal credit score companies on Tuesday. The founder will infusing ₹200 crore in recent capital to help this enlargement past its core companies.
Vivriti Subsequent, the brand new consolidated entity, will maintain the lending enterprise of Vivriti Capital and the non-public credit score asset administration enterprise of Vivriti Asset Administration. It can additionally provide a brand new suite of companies for mid-market enterprises, together with capital markets, expertise options, and advisory on capital structuring, financing, threat, rankings, and environmental, social & governance (ESG).
New construction from 1 April
As soon as the entity is created on 1 April, the fairness shareholders of Vivriti Capital will transition to the brand new holding-company construction. These shareholders — Creation Investments, Lightrock, and TVS Capital Funds — collectively maintain about 75% of the corporate. The recent capital infusion from Sukumar will improve his stake from beneath 7% to 11.5%. He intends to additional improve his stake as the corporate approaches a public itemizing over the following three years. Workers and angel buyers maintain the remainder of the shares.
“As our mid-market shoppers have scaled over time, their wants have moved nicely past standalone borrowing to strategic options. They’re navigating capital markets entry, stability sheet structuring, ESG & threat administration, and technology-led effectivity—all on the identical time,” Sukumar mentioned.
He added, “Vivriti Subsequent has been created as a platform to answer this complexity by constructing new enterprise fashions for the way we help our shoppers past lending. Vivriti Subsequent will now sit entrance and centre of the Vivriti Group’s subsequent part—driving development, profitability and capital effectivity throughout companies. He mentioned the holding firm may also play a important function in shaping group technique and supporting future capital-raising efforts as Vivriti continues to scale its platform.
Vivriti Subsequent will act because the group’s strategic nerve centre, shaping buyer wants past financing, constructing advisory-led enterprise technique round sustainability and expertise, and serving to corporates make knowledgeable long-term selections, the corporate mentioned. As an built-in funding platform spanning lending, non-public credit score, and capital market options, it is going to provide tech-enabled options and enhance working leverage, effectivity, and returns throughout companies by shared platforms, knowledge and expertise, it added.
Based in 2017, Vivriti Group lends to mid-market corporates, which generally comprise firms which have greater than ₹75 crore in income, constructive Ebitda, a ranking between BBB and A or no ranking, and no funds defaults. Its non-public credit score arm was based two years later.
The group had ₹15,333 crore of property beneath administration as of December 2025. Income rose to ₹1,429 crore in FY25 from ₹1,101 crore in FY24. Internet revenue got here in at ₹220 crore, in comparison with ₹189 crore in FY24. Within the 9 months to December 2025, it posted income of ₹1,275 crore on a revenue of ₹165 crore.