Indian online lending platform Vivriti Capital revealed that it has landed 220 crore rupees ($28.4 million) in a fresh funding round.
The investments came from U.S.-based private equity firm Creation Investments.
With the capital raised, Vivriti Capital will be able to increase its balance sheet and extend its online market platform.
Furthermore, the net proceeds will be used for lending purposes and also investing in Vivriti Capital's technology platform.