2 months ago
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Vivriti Group, a mid-market focussed fiscal services group, has announced the constitution of Vivriti Next, a caller operating and holding institution designed to consolidate the Group’s businesses and accelerate aboriginal growth.
“This reorganisation volition bring the lending concern of Vivriti Capital and the backstage recognition plus absorption concern of Vivriti Asset Management nether a unified platform,” the Group said.
“Under Vivriti Next, the Group volition connection a caller services for mid-market enterprises, including superior markets, exertion solutions, and advisory connected superior structuring, financing, risk, ratings, and ESG,” it added.
Now equity shareholders of Vivriti Capital volition modulation to the caller holding institution structure, maintaining a akin diversified and institution-led cap-table.
Vineet Sukumar, Founder and Managing Director, Vivriti Next, has committed an equity concern of Rs 200 crore successful his idiosyncratic capableness to Vivriti Next. With this, the Group has raised promoter and outer superior of Rs 1,630 crore of equity from founders and salient investors - Creation Investments, Lightrock, and TVS Capital Funds.
“As our mid-market clients person scaled implicit the years, their needs person moved good beyond standalone borrowing to strategical solutions. They are navigating superior markets access, equilibrium expanse structuring, ESG & hazard management, and technology-led efficiency—all astatine the aforesaid time,” Mr. Sukumar said.
“Vivriti Next has been created arsenic a level to respond to this complexity by gathering caller concern models successful however we enactment our clients beyond lending. Vivriti Next volition present beryllium beforehand and centre of the Vivriti Group’s adjacent phase—driving growth, profitability and superior ratio crossed businesses,” helium said.
“It volition besides play a captious relation successful shaping radical strategy and supporting aboriginal superior raising efforts arsenic Vivriti continues to standard its platform,” helium added.
