Vivifi India Finance is an RBI-registered non-banking finance company that offers sachet-sized loans and personal emergency lines of credit through its flagship products FlexSalary and FlexPay. FlexSalary is positioned as India’s first Personal Emergency Line of Credit, while FlexPay is a ready-credit app offering EMI-free loans with no penalties or hidden charges. The company increases customers' credit limits based on repayment behavior to help improve credit scores and enable access to larger loans. In FY23 Vivifi reported revenue of Rs. 166 crores and a Profit After Tax exceeding Rs. 16 crores, and it expects to nearly double revenues in the coming year while aiming to disburse over Rs. 3,000 crores. Founded by Anil Pinapala and Srinath Kompella and based in Hyderabad, Vivifi plans to expand operations, grow headcount from about 800 to over 2,000 in 12–18 months, and open multiple offices in tier-II and tier-III cities in Telangana and Andhra Pradesh with further nationwide expansion planned.

Total raised

$75M

Funding rounds

2

Latest round

Series B

Latest activity

Jan 2024