Chennai-based NBFC Prayaan Capital has raised ₹110 Cr (about $12.1 Mn) in its Series A funding round led by Peak XV Partners
It will use the capital to build its lending platform, deepen its footprint in the Indian MSME markets, and for hiring
Prior to this, it raised $1.2 Mn in its seed funding round led by Accion Venture Lab in 2020 to improve its technology and expand its operations
Chennai-based NBFC Prayaan Capital has raised ₹110 Cr (about $12.1 Mn) in its Series A funding round led by Peak XV Partners.
It…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)