Anagram Partners advises VIXAR on the acquisition of a controlling stake in IREP Credit Capital.

January 19, 2026

VIXAR has acquired a controlling stake IREP Credit Capital Private Limited, a Mumbai-based NBFC.

VIXAR is a Mumbai-based private equity firm focused on buyout investments and tailored solutions for shareholder transitions in businesses across India. It partners management teams to drive strategic clarity, operational excellence, and long-term value creation for its portfolio companies.

IREP Credit Capital Private Limited is a Mumbai-headquartered non-deposit-taking NBFC (that provides secured business loans and tailored credit solutions to underserved MSMEs, especially in tier 3 and tier 4 towns of Andhra Pradesh, Telangana and Karnataka, with a focus on financial inclusion through a physical + digital lending model.

Anagram Partners acted as the legal advisor to VIXAR on this transaction. The team was led by our Partner, Ankit Mishra and comprised Keegan Pavrey, Sarthak Parnami, Anoushka Shetty, Siddhant Sahu and Yavipriya Gupta.

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