Vivriti Capital, established in 2017, is a Chennai-based Non-Banking Financial Company (NBFC) specializing in providing debt financing solutions to mid-market enterprises across various sectors. The company offers a range of financial products, including term loans, working capital loans, non-convertible debentures (NCDs), supplier credit, buyer finance, and asset leasing. Vivriti Capital aims to create a level playing field for mid-market enterprises by offering access to debt capital, a privilege previously accorded only to premium-rated companies in India.
The leadership team at Vivriti Capital comprises experienced professionals:
Vineet Sukumar is the Founder and Managing Director of Vivriti Capital. He has extensive experience in the financial services sector, focusing on debt markets and structured finance. Under his leadership, Vivriti Capital has grown to become a significant player in providing customized financial solutions to mid-market enterprises in India.
Gautam Jain serves as the Chief Business Officer at Vivriti Capital. In this role, he is responsible for driving business growth and overseeing the development of financial products tailored to the needs of small and medium-sized enterprises. His expertise lies in business strategy and operations within the financial services industry.
As of September 30, 2024, Vivriti Capital's assets under management (AUM) stood at approximately ₹8,285 crore. The company has demonstrated an improving earnings profile, with profitability metrics on an upward trend over the past few years. The profit after tax to average managed assets (PAT/AMA) ratio improved to 2.3% in FY2024 from 2.2% in FY2023, supported by higher interest margins and controlled credit costs.
Vivriti Capital has received credit ratings of 'CRISIL A+/Stable' and 'CARE A+/Stable' for its bank facilities and non-convertible debentures (NCDs), indicating a strong degree of safety regarding timely servicing of financial obligations and low credit risk.
