Vivriti Capital, an online platform for institutional debt, said on Wednesday it had raised ₹200 crore as equity from Creation Investments. This will enable Vivriti scale up its balance sheet, expand product offerings, tap into advanced analytics and create enhanced credit-scoring systems and portfolio monitoring mechanisms.
Vivriti’s technology and data science-driven platform leverages the deep sectoral and in-depth entity-level understanding of its team to create a first-of-its-kind proposition in the debt space, Gaurav Kumar, Co-founder, said in a statement. The platform works with over 150 clients across 12 sectors and more than 100 investors.