Chennai-based Vivriti Capital announced it has raised $55 million funding from some of its existing investors, Lightrock India and Creation Investments in a new funding round. With this latest round of funding, Vivriti Capital has cumulatively raised $165 million since inception. Both Lightrock India and Creation have already participated in the Series A and Series…
CredAvenue, a technology-led debt platform linking lenders and businesses in India, has completed a US$90 million Series A equity funding round, with capital from several leading investors in the Indian financial market. Investors that participated in the funding round include Sequoia Growth Investments, Lightspeed India Partners III, TVS Shriram Growth Fund III, Lightstone Global Fund and Cred. CredAvenue…
Slice, a fintech startup which is building a smart, simple, and transparent financial platform to redesign the life experience for millennials, announced that it has raised Rs 39 crore in debt funding from Vivriti Capital, Northern Arc Capital, InCred Financial Services, Growth Source Financial Technologies, and Ashv Finance. The company will utilise the funds raised…
Vivriti Capital, a marketplace for small enterprises and individuals that lack efficient access to financial services, announced it has raised Rs 100 crore in a round led by existing investor Creation Investment. Earlier, the firm had raised Rs 350 crore in March from LGT Lightstone Aspada, and Rs 310 crore in 2019 from Creation Investments.…
CARS24 Financial Services, the lending arm of Gurugram-based auto-tech-startup CARS24, announced that it has secured Rs 10 crore debt funding from Vivriti Capital. According to a survey conducted by CARS24, 41 percent of the consumer’s intention to purchase a private car post lockdown has increased. However, availability of easy financing options has been a challenge…
ASA International India Microfinance Ltd (ASAI-India) raises €10 million in debt capital from Invest In Visions, a Germany-based impact investor, as per Vccircle report. The overseas borrowing deal marks the first foreign currency transaction for the Kolkata-based microlender, according to a press statement. Vivriti Capital, a customised debt marketplace for institutional clients, was the external…