Portfolio Partner Profile
Vivriti Capital
Vivriti Capital Limited (“Vivriti”) is an India-based non-bank financial company that was established with the objective of creating the largest and most valuable platform for financial services, serving a client base of financial institutions, corporates, small enterprises, and individuals that lack efficient access to financial services. Over time, Vivriti has evolved beyond traditional lending, and has introduced a diverse suite of financial solutions, including supply chain financing, factoring, leasing, equipment financing, sale and leaseback arrangements, and securitization. Through these tailored offerings, Vivriti continues to bridge the gap to last-mile financing and empower businesses with the capital they need to thrive.
Vivriti’s founding team has deep expertise in retail financial services in India, having cumulatively assessed over 500 such institutions. They use this wealth of experience and expertise to offer advisory services to their clients in areas such as strategy formulation, new business launch, due diligence, liabilities management, risk management, and transaction advisory. Vivriti currently manages over $900 million across 55+ sectors, with a 90% client retention rate.
Featured Impact Story
Impact Story
Moneyboxx Finance Ltd
Moneyboxx Finance is a Delhi-based tech-enabled NBFC that provides small-ticket business loans to micro and small enterprises in underserved and rural regions of India, primarily focusing on sectors like dairy, agriculture, retail and manufacturing. The company combines digital tools and community-based support, such as free veterinary services for livestock borrowers, to drive financial inclusion and sustainable entrepreneurship. Vivriti has been associated with Moneyboxx since 2021, supporting them through several financial products, including co-lending.
One of Moneyboxx's clients is Kulwinder Kaur, who independently runs her family’s dairy farming business. However, the dairy business was unprofitable due to lack of knowledge about cattle breed and feed management. To improve and increase the daily yield, the family realised the need to purchase high-quality cattle breeds and a proper cattle shed. They required a loan to make the purchases but had no prior credit history. Kulwinder applied for a loan from Moneyboxx, which allowed her to purchase two high-breed cattle and even construct a cattle shed. With help from the loan and guidance from Moneyboxx’s Impact Officers (vets), Kulwinder’s dairy farming business has scaled. The daily milk yield has increased from 20 litres to 50 litres, doubling her family’s income.
Impact Story
Sindhuja Microcredit Pvt Ltd
Sindhuja Microcredit is a Noida-based NBFC-MFI, which is focused on meeting the needs of rural and semi-urban India primarily through offering microfinance loans, insurance services and MSME loans. It aims to foster financial inclusion and economic empowerment to underserved women entrepreneurs and small businesses across rural and semi-urban India. Committed to advancing financial inclusion and economic growth, Sindhuja has partnered with Vivriti since 2018 across a diverse set of financial products. In 2024, the collaboration grew under the VIRAF program to include transactions involving Pass Through Certificates through VIRAF, to further enable growth.
ne of their clients is Anitha Powar, from Indhravelli, Adilabad, Telangana, who lives with her husband and two children. While her husband worked on others’ farms, Anitha manages a small kirana shop. Despite their hard work, their income barely covered daily needs, often leaving them feeling helpless. Determined to change their situation, Anitha decided to expand her shop but lacked the resources. In August 2023, she received a INR 40,000 loan from Sindhuja, which she used to improve her shop. By October 2024, she had expanded it and fully repaid the loan. Encouraged by her progress and growing demand, she took a second loan of INR 55,000 in January 2025 to buy a freezer and enhance the shop’s appearance. Today, her business is thriving, her family’s financial condition has improved, and they are building a hopeful future.
Impact Story
Mr. Govinda Suda Hatagade’s farm
An increasing number of Vivriti’s portfolio companies are operating at the nexus of agriculture and climate action, driven by progressive policy initiatives such as the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme. Launched by the Government of India in 2019, PM-KUSUM is designed to equip farmers with solar-powered pumps and grid-connected renewable energy systems.
Until recently, Mr. Govinda Suda Hatagade, a smallholder farmer in Georai village, cultivated only cotton on his 2-acre plot, because his farm was entirely off-grid and has lacked reliable water access, and cotton could grow from rainwater alone. Everything changed when he became a beneficiary of the PM KUSUM scheme. Through this scheme, and with support from a Vivriti-backed portfolio company, Govinda was able to install a solar-powered water pump, paying just INR 13,000 for the system. With reliable irrigation now available through the solar pump and a government-provided borewell, Govinda began cultivating sugarcane for the first time. “I could never grow sugarcane before. Now that I have water when I need it, it’s a whole new opportunity,” he says.
This shift has unlocked a new stream of income for his family. Sugarcane is a high-value, water-intensive crop, and the pump allows him to irrigate consistently without incurring diesel costs or relying on unpredictable rainfall. Govinda is especially pleased with how smoothly the system is working. “The pump has been working perfectly, no issues at all,” he shares. “I’d definitely recommend it to other farmers.”
Impact Story
Ananya Finance for Inclusive Growth Pvt. Ltd
Ananya Finance for Inclusive Growth Pvt. Ltd. (Ananya) provides microloans to clients to further financial inclusion. The organization works with underbanked and unbanked populations, and specifically women, in underserved areas of the country. Vivriti ‘s relationship with Ananya began in 2019, when Ananya was smaller and at a time when the industry was facing challenges from the aftermath of the bankruptcy of one of the country’s largest non-bank financial companies. The organizations have since developed an engaging and inclusive relationship which benefits both investors and end-borrowers.
Impact Story
Fourth Partner Energy
Fourth Partner Energy (4PEL) is a renewable energy company that builds and develops on-site and off-site solar, wind, and hybrid power projects for commercial and industrial clients. The company also offers energy trading, battery storage, and electric mobility infrastructure services. India aims to have 50% of its power come from renewable energy by 2030 and become net zero by 2070. Vivitri provides much-needed financing for Fourth Partner’s projects and gives them the flexibility to manage working capital while continuing to advance their pipeline.
Impact Story
Shubham Housing Development Finance Company Limited
Shubham Housing Development Finance Company Limited is a housing finance company that provides home loans to low-income borrowers. The loans offered by the Company can be used by borrowers for purchasing a home, or also for home improvement, home extension, or ground-up construction. Shubham works in 75 cities across 9 states in India and has over 100 branches. They have financed over 55,000 households.
"The team at Shubham understood my requirement and provided me with exactly what I need"
- Naresh Kumar, General Store Owner
For Naresh, his working hours were long as his rented flat used to be at a distance from his shop. While trying to provide for his family, he was unable to give enough time to his wife and newborn son. He then decided that it was time for a chance and one day walked into a Shubham Branch office that is on his way to work. Today it takes him just a minute to reach his shop from home as he bought himself a 1 BHK flat just above the shop he owns and is able to spend ample time with his son.
Learn more at: https://shubham.co/success-stories.php
Impact Story
Varthana Finance Pvt Limited
Varthana provides loans to affordable private schools in India. By focusing exclusively on this one sector, Varthana has gained a deep understanding of the challenges that these schools face, as well as the solutions that have been proven to work. More than 400 million student-aged children live in India, but only 260 million are currently enrolled in school. Even for those students who are enrolled, many attend under-funded and under-staffed public schools run by the government because they can't afford tuition for private schools. For years, entrepreneurs have been working to establish private schools that provide excellent instruction, but that are still accessible to low-income families. Currently, there are 200,000 affordable private schools in India, and they serve about 80 million students. Varthana works together with these organizations, ensuring that they have the capital to continue to expand and provide the best possible education for India's youth.
Learn more at: https://varthana.com/school/resources/#blogs
Impact Story
Shiksha Financial Services India Private Limited
Shiksha Financial, a Chennai-based non-bank financial company NBFC with a growing presence in 5 states, works in the education finance space in India. Shiksha offers two main products: microloans for student financing and business loans for school financing. Business loans for school are loans to educational institutions for the creation or improvement of their infrastructure, buildings, and other assets. Student loans are taken out by parents to finance tuition fees, books, uniforms, shoes, bags, and other items necessary for attending school. Shiksha is also introducing a college funding product to continue working with their existing student loan customers. Shiksha has financed over 3,300 schools and 94,500 student loans.
Learn more about Shiksa and how they are supporting girls’ education at: https://shikshafinance.com
Impact Story
Siddhi Vinayak Agri Processing Pvt. Ltd
With nearly 2 decades of experience in the potato value chain, Siddhi Vinayak Agri Processing Pvt. Ltd. (SV Agri), was established in 2008 by Mr. Hemant Gaur with the goal of enhancing the potato value chain, increasing productivity, raising farmers’ incomes and addressing food security challenges.
SV Agri operates through two main divisions: (1) The Agri Business Division ensures a year-round supply of process-grade potatoes with advanced storage solutions and a strong delivery network. (2) The Food Engineering Business Division focuses on formulation, process development, design solutions and manufacturing processing equipment for various snacks and food products from pre- to post-processing. SV Agri is the only integrated player in India's potato ecosystem and controls the complete supply chain through its multiple partnerships. SV Agri’s end-to-end solutions have increased farm income by 20-50% and improved price realization by up to 20%. Their high-yielding and disease-resistant potato varieties have boosted productivity by up to 30%.
Vivriti Capital Limited has been associated with SV Agri since March 2023 providing debt facilities for working capital requirement of their supply chain business. Learn more about SV Agri here.
Small Business
Microfinance
