Nuances of Building a Full-Stack Debt Ecosystem

The enterprise debt market in India has 3 million SMEs, contributing 40% of the GDP but constituting only 11% of the bond market. While a lot of attention has been given to the consumer lending space through a slew of FinTechs and new-age NBFCs, the enterprise debt requirements have mostly remained a white-space. With over 65000Cr+ transactions, 500+ lenders, 1000+ borrowers and a 40% market share in MLDs, Vivriti Capital is one of the few players that is disrupting the enterprise debt ecosystem by building a full-stack SME debt platform and in this episode of Stride Stories, we go behind-the-scenes with the man behind this disruptive venture – Vineet Sukumar, Founder and Managing Director of Vivriti Capital. Graduating from IIM Bangalore, Vineet accumulated experiences with Tata Administrative Services, Standard Chartered Bank and IFMR Capital. In 2017, he took the leap to the hardships of entrepreneurship to start Vivriti Capital, a venture that has been profitable since the first year of its operations and delinquency rates less than 0.3%. The Vivriti Group has under its umbrella 3 verticals – CredAvenue (tech-based debt platform), Vivriti Asset Management and Vivriti Capital.

Tune into this podcast to listen to-:

02:00 The thought of starting up after experiencing the corporate world
05:57 How has Vivriti disrupted the enterprise debt market?
08:58 How did the vision to create an online enterprise debt platform come about?
10:54 Strategy to enable end-to-end digitisation of wholesale banking/enterprise debt
16:25 Future plans for CredAvenue – 14:30How do the 3 verticals of Vivriti complement each other
20:30 Dividing investment decisions between NBFC and AMC businesses
23:19 Difference in profile of investors on the CredAvenue plaform and the AMC business
24:54 Evolution of the debt securitisation market in India
29:17 Work culture at Vivriti
31:20 Rapid Fire.
37:50 Indebted to debt.