Prayaan Capital, led by Rangarajan Krishnan (Ranga), former CEO of Five-Star Business Finance Limited, has raised ₹110 crore in a Series A funding round led by Peak XV Partners.
With a focused mission to address India’s $300 billion MSME credit gap, Prayaan Capital blends branch-led underwriting expertise with a technology-first lending platform to deliver structured and accessible financing solutions. The company aims to expand fair credit access to underserved entrepreneurs across Bharat, combining institutional capital with strong grassroots presence.
Backed by seasoned leadership and robust investor confidence, Prayaan is positioning itself for its next phase of scalable growth within India’s rapidly evolving fintech ecosystem.
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