Prayaan Capital raises ₹110 crore (US$12.1m) Series A led by Peak XV; Vertices Partners and Cyril Amarchand Mangaldas advise

"Prayaan Capital has raised ₹110 crore (about $12.1 million) in a Series A round led by Peak XV Partners. Vertices Partners advised Prayaan (deal team: Vinayak Burman, Manu Varghese, Shagun Rathi, Srishti Singh and Stuti Jain), while Cyril Amarchand Mangaldas advised Peak XV. The capital will be used to build a lending platform, expand the team and deepen Prayaan’s lending presence to MSMEs across key Indian markets."

Vertices Partners advised Prayaan Capital, and Cyril Amarchand Mangaldas advised Peak XV Partners. Prayaan Capital Private Limited raised ₹110 crore (approximately $12.1 million) in a Series A round led by Peak XV Partners. The funds will be used to build a lending platform, expand the team, and grow Prayaan’s presence across key MSME markets in India, with a focus on loans to micro, small and medium enterprises. Lawyers named in the press release: - Vertices Partners: Vinayak Burman — Founder and Managing Partner; Manu Varghese — Partner; Shagun Rathi — Senior Associate; Srishti Singh — Associate; Stuti Jain — Associate. (Practice areas were not specified in the press release.) - Cyril Amarchand Mangaldas: no individual lawyers were named in the press release.

Menu

Prayaan Capital raises ₹110 crore (US$12.1m) Series A led by Peak XV; Vertices Partners and Cyril Amarchand Mangaldas advise

Read the full story

Menu

Prayaan Capital raises ₹110 crore (US$12.1m) Series A led by Peak XV; Vertices Partners and Cyril Amarchand Mangaldas advise

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads