Vivriti Asset Management
Vineet Sukumar is a seasoned financial services professional with extensive experience in founding and leading innovative companies in the sector. Currently serving as Founder & Managing Director at Vivriti Capital and Vivriti Asset Management, Vineet focuses on creating significant marketplaces for financial services and transforming debt markets through technology. As Founder & Director at CredAvenue, Vineet is instrumental in positioning the platform as the largest digital marketplace for debt globally. Prior roles include Chief Executive Officer at IFMR Investments Manager Private Limited, Chief Financial Officer and Senior Partner at IFMR Capital Finance Private Limited, and Director at Standard Chartered Bank, where Vineet managed key capital markets and corporate finance solutions. Early career experience includes managerial roles at Tata Administrative Services, contributing to significant projects across various industries. Vineet holds a B.Tech (Hons.) in Mechanical Engineering from the Indian Institute of Technology, Kharagpur, and an MBA from the Indian Institute of Management Bangalore.
Vivriti Asset Management
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Vivriti Asset Management completely focused on Indian mid-market enterprises, a space occupied by 22,000 Indian enterprises that only have access to 7% of debt capital markets. This is referred to as Mid-Market Performing Credit. We want to address the massive demand-supply imbalance in debt access. The Mid-Market Performing Credit space currentlyhas approximately US$100 billion in outstanding debt, implying per-entity debt of less than US$7 million and a weighted average debt/equity ratio of approximately 0.4x. These figures indicate persistent under-penetration.