Vivriti Group Unveils Vivriti Next to Strengthen Mid-Corporate Lending Strategy
In a strategic move to sharpen its focus on India's mid-corporate segment, the Vivriti Group, a prominent player in the financial services sector, has announced the launch of Vivriti Next. This new entity will serve as the group's operating and holding company, consolidating its diverse businesses under a unified structure. The restructuring is set to become effective from April 1, 2026, marking a significant step in the group's evolution.
Equity Infusion and Business Consolidation
Founder Vineet Sukumar has committed a substantial Rs 200 crore in fresh equity to Vivriti Next, reinforcing the group's financial foundation. This infusion is part of a broader capital-raising effort, with the nine-year-old group having accumulated approximately Rs 1,630 crore in promoter and external equity from key investors such as Creation Investments, Lightrock, and TVS Capital Funds. The restructuring will bring Vivriti Capital, the group's core mid-market lending arm, and Vivriti Asset Management, its private credit platform, under the umbrella of Vivriti Next.
With this transition, equity shareholders of Vivriti Capital will seamlessly move to the new holding company structure, maintaining a diversified and institution-led capital base. This move is designed to enhance operational efficiency and strategic alignment across the group's offerings.
Addressing Evolving Client Needs
Vineet Sukumar, founder and managing director of Vivriti Next, emphasized that this initiative reflects the changing demands of mid-sized enterprises in India. He stated, "As our mid-market clients scale, their requirements extend well beyond standalone borrowing. They are looking at capital markets access, balance sheet structuring, ESG integration, risk management, and technology-led efficiency. Vivriti Next has been created to address this complexity through an integrated platform."
Vivriti Next will function as the strategic and operational nerve centre for the group, housing a comprehensive suite of services. These include advisory, capital markets solutions, and technology-driven offerings, all integrated with its financing businesses. The company plans to institutionalize advisory services across key areas such as capital structuring, credit ratings, ESG compliance, and risk management, while also providing clients with access to diversified pools of capital.
Financial Performance and Strategic Goals
The group's financial metrics underscore its robust position in the market. For the nine months of FY26, operating revenue stood at ₹1,275 crore, with a profit after tax (PAT) of Rs 165 crore, representing a 4% year-on-year increase. Assets under management (AUM) totaled Rs 15,333 crore as of December 2025, including Rs 338 crore of off-book AUM.
With Vivriti Next at the helm, the Vivriti Group aims to transition from being primarily a lender and private credit player to a broader financial and advisory platform tailored for India's mid-market. This strategic shift is poised to enhance the group's ability to serve the complex needs of growing businesses, positioning it for sustained growth and innovation in the competitive financial services landscape.
