Vivriti Group has announced a significant corporate restructuring, launching Vivriti Next as a new unified holding and operating entity. This strategic move, effective April 1, 2026, centralizes the group’s core businesses—Vivriti Capital and Vivriti Asset Management—under a single platform to streamline operations and expand into new financial verticals. Promoter and Managing Director Vineet Sukumar has underscored his commitment to this transition by infusing 200 crore INR in fresh personal equity. This investment increases his ownership stake to 11.5%, up from under 7% previously. The capital injection is part of a broader roadmap to scale the business ahead of an initial public offering (IPO) projected before 2029. The new structure is designed to transition the company beyond traditional lending. Vivriti Next will offer a diversified suite of services for mid-market clients, including capital markets solutions, technology-led services, and specialized advisory in capital structuring, risk management, and ESG compliance. Financially, the group maintains a robust growth trajectory. As of late 2025, total assets under management reached 15,333 crore INR. The lending book alone stands at 10,784 crore INR, characterized by a highly focused mid-market strategy with an average ticket size of 25 crore INR. The restructuring also aims to shift the group's revenue profile. Leadership targets an increase in fee-based income to approximately 7% to 8% of total revenue, rising from the current 3% level. Overall profit is expected to grow by 25% in the short term as these new service lines gain traction. Major global and domestic institutional investors continue to hold the majority of the equity. Creation Investments remains the largest shareholder with a 48% stake, followed by Lightrock at 20%, with TVS Capital Funds also maintaining a significant position. Collectively, these institutional backers hold roughly 75% of the entity. The private credit arm, Vivriti Asset Management, continues to see strong demand from high-net-worth individuals and family offices seeking yields with lower volatility. The firm is currently managing nearly 5,000 crore INR and plans to launch a 3,000 crore INR Diversified Bond Fund in 2026 to capitalize on the expanding Indian debt market. This evolution comes at a time of high activity in the Indian financial sector. NBFC assets under management are projected to grow by 15-17% through 2026, while total bank credit has recently surpassed the 200 lakh crore INR milestone. Vivriti Next is positioned to leverage this momentum by providing integrated, tech-enabled financial solutions to mid-market enterprises that have historically lacked access to sophisticated capital market tools.