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New fund · 9 October 2026Vivriti Asset ManagementChennai private credit managervivritiamc.com ↗

Vivriti targets first close of ₹2,500 Cr credit fund

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New fundFinancial ServicesChennai
  • Vivriti Asset Management is a Chennai-based manager of alternative investment funds that lend to mid-sized companies through private credit
  • It is working toward a first close, the first batch of investor commitments, for a new private credit fund of ₹2,500 crore
  • The firm expects to reach that first close within the current quarter, ending December

What happened

  • Vivriti is raising a new private credit fund of ₹2,500 crore.
  • It aims for a first close this quarter.

Why it matters

  • Private credit gives mid-sized firms an alternative to bank loans.

The business

  • Vivriti manages alternative investment funds focused on fixed-income private credit.

In numbers

₹2,500 CrTarget fund size · 2026

What happens next

  • First close of the fund targeted this quarter.

Words to know

First close
The first round of investor commitments accepted by a fund before final closing.

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Terms in this story

  • AIF: In India, venture capital, private equity and similar funds register with SEBI as Alternative Investment Funds (AIFs), in one of three categories. Category I covers funds with social or economic benefits such as startups, Category II covers most private equity and debt funds, and Category III covers funds that use complex trading strategies.

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