Online enterprise debt platform and lender Vivriti Capital has raised Rs 350 crore in Series B round from LGT Lightstone Aspada.
The latest round of funding takes the total equity raised by the start-up to $100 million. The company would use the fresh fund to expand technology and data science capability in all three lines of business- its online lending marketplace, non banking finance company (NBFC) and fund management.
Avendus Capital was the sole financial advisor for this deal.
“We have achieved unprecedented scale in a tough market. We're issuers as well as providers of capital and will use the fresh funds to