JSA Conducts Series B Round Funding In Vivriti

J. Sagar Associates (JSA) advised Creation Investments India III, LLC (Creation), a majority shareholder in Vivriti Capital Private Limited (Vivriti), in an investment received from Lightstone Fund S.A. of Rs. 350 crores, by way of subscription to securities issued by Vivriti in the Series B round.

JSA had advised Creation in the Series A and Series A2 round in Vivriti in 2018 and 2019, post which Creation held 75.45% shareholding in Vivrtiti.

Vivriti is engaged in the business of lending, private and public placement of debt securities/ loans/ preference shares/ asset sales and a technology-based marketplace for debt securities/ loans/ preference shares/ asset sales connecting institutional issuers and investors.

The JSA Team comprised Partners – Lalit Kumar and Bharati Joshi and Senior Associate – Amandeep Singh Virk.