Avendus Capital Advises Vivriti Capital on Its Series B Fundraise of INR 350 cr From Lgt Lightstone Aspada

LGT Lightstone Aspada is the India focused effort of LGT Lightstone, a global impact investment firm that invests in companies leveraging on pioneering business models and technological innovations to build scalable high impact business models. 

We are excited to back the team at Vivriti in helping build India’s largest debt platform. Over the last few years, we have tracked their progress keenly and have been impressed by the quality of execution. We believe that the combination of their tech platform and strong product development capabilities bring much needed innovation in the space towards expanding the supply of ‘rightly priced’ debt to high impact businesses.

We are very pleased to bring Lightstone Aspada on board as an investor at this key phase of our journey. We’ve also achieved tremendous growth in the last 12 months, we’ve seen significant scale across debt products and the business volumes crossed INR 25,000 Crore in overall debt flow. This investment from Lightstone will be used to significantly ramp up the technology and analytical engine powering the online Avendus Capital Advises Vivriti Capital on Its Series B Fundraise of Inr 350 Cr From Lgt Lightstone Aspada March 2020 • Mumbai
marketplace, and to shore up the balance sheet lending of the company thereby serving many imore clients on our platform in the coming year.

We are very pleased to bring Lightstone Aspada on board as an investor at this key phase of our journey. We’ve also achieved tremendous growth in the last 12 months, we’ve seen significant scale across debt products and the business volumes crossed INR 25,000 Crore in overall debt flow. This investment from Lightstone will be used to significantly ramp up the technology and analytical engine powering the online Avendus Capital Advises Vivriti Capital on Its Series B Fundraise of Inr 350 Cr From Lgt Lightstone Aspada
March 2020 • Mumbai marketplace, and to shore up the balance sheet lending of the company thereby serving many imore clients on our platform in the coming year.

India’s underserved high yield and secondary debt market provides a large untapped opportunity for a reliable tech platform to provide access to quality assets. Vivriti’s CredAvenue platform has demonstrated their ability to deliver a wide range of debt products while serving the unique needs of the issuer and investor with speed. The investment is a testament for Indian businesses solving problems that even remain unaddressed globally.