Vivriti Capital, a Chennai-based lending platform for corporate entities, has raised equity funding of Rs 200 crore in its series A round from Creation Investment, an investment management company dedicated to financial services.The non-banking finance company (NBFC) plans to use the new funds for strengthening its technology platform as well as for onward lending to borrowing corporates, and thereby strengthen its balance sheet. It plans to expand its online market platform by designing advanced analytics, end-to-end workflow automation, credit scoring systems and portfolio monitoring mechanisms, besides expanding the current product offering.“This is one of Creation Investment’s largest investment globally. — The Economic Times

J Sagar Associates advised Creation Investments India III LLC led by a team of partner Lalit Kumar, principal associate Bharati Joshi and associate Amandeep Singh Virk.

2018-12-19

Deal value: USD 29 million

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