Early-stage investor LGT Lighstone Aspada has boosted Vivriti capital by funding Rs 350 crore in its Series B funding round. Vivriti Capital is a Chennai-based online enterprise debt platform.

The company had successfully raised Rs 310 crore earlier from Chicago-based Creation Investments. Founded in 2017 the firm is India’s first tech-enabled marketplace that brings market investors with institutions, small enterprises, and individuals

The company has raised around $100 million in financing. The company wants to further use the funding to enhance the technology and analytical engine powering the online marketplace and to boost the balance sheet lending of the company so that it can serve any number of clients in the coming year.

The company says it has more than 2,000 users and facilitated deal flows of over Rs 25,000 core. The company offers credit underwriting solutions, analytical models, structural solutions, and automated execution workflows.

This is the second investment announced by LGT Lightstone Aspada, the India-focused arm of global impact investment firm LGT Lightstone. Vivriti, has received its NBFC license from the country’s central bank in December 2017, says it has over 100 investors, including, banks, asset managers, private wealth and financial institutions.

The financial services firm, which has closed over 1,000 transactions since inception was also said to be raising a Rs 500 crore debt fund that will invest in companies in its marketplace.