Measuring What Matters. Unfiltered.
Vivriti’s impact approach has evolved from financial inclusion to a broader strategy that channels capital towards sustainable development across gender, clean energy, clean mobility, infrastructure and agriculture. Impact and additionality are embedded across the investment lifecycle, guided by a Theory of Change and the Impact Management Project (IMP) principles to define, assess and track intended outcomes.
Through transaction-level impact dashboards within VSAM, portfolio-level monitoring and annual disclosures, we measure outcomes and map them to the UN SDGs, bringing greater rigour, transparency and accountability to how our capital creates measurable impact alongside financial returns.
Our Impact Journey
The true value of capital lies not only in the returns it generates, but in the possibilities, it unlocks for businesses, communities and the ecosystems around them. For us, impact is not simply an outcome to be measured; it is an intent embedded into every decision. When capital is deployed with purpose, backed by strong governance and measured with rigour, it has the power to create meaningful change that endures.”
- Smitha Jain Arora, Group Head and Partner – Sustainability and Impact
Our Impact Areas
Financial Inclusion
Gender
Climate
Agriculture
Clean Mobility
Infrastructure
Real-time action, for real-world results
Through strategic funding and dedicated support, we enable transformative initiatives that create lasting impact.
Gender- VIRAF
Vivriti India Retail Assets Fund (VIRAF): Launched in 2023, VIRAF is India’s first Asset-Backed-Securitization Fund aimed at deepening India’s securitization market by allowing offshore pools of capital to provide debt financing and mitigate investment risk by using a blended-finance approach. The 10-year fund with a size of USD 250 Mn, focuses on scaling investments in small ticket loans to micro and small enterprises, micro-finance institutions, and women entrepreneurs. The fund aims to improve penetration for last mile financing and address gender gaps in formal finance by earmarking a portion of the fund’s proceeds to women-MSEs and MFIs.
Food and Agriculture
Vivriti’s diverse financial solutions are positively impacting the food and agriculture landscapes in India, right from the farm to the table, and everything in between. Our Group-level disbursements towards food and agriculture till FY 25-26 were INR 46.75 Bn. We explore our impact in this sector through our portfolio partner, Premium Chickfeeds Private Limited.
Not Just Another Checkbox
We contribute to India’s continued growth through investments that are aligned to the UN SDGs and by actively measuring their efficacy in bringing about the envisioned transformation.
For more on our Impact Areas, refer to Sustainability Report FY 25-26
VAM’s portfolio covers more than 20 sectors, each carrying both positive and negative impacts. To assess our net impact, we exclude the portion linked to negative impact and align the remaining portion with the UN SDGs, reflecting our commitment to transparency and accountability in how we measure and report impact.

