Prayaan Capital, led by Rangarajan Krishnan (Ranga), former JMD and CEO of publicly listed Five-Star Business Finance, has raised Rs 110 crore in its Series A round led by Peak XV Partners.
The capital will be used to build a lending platform, expand its team, and grow its presence across key MSME markets in India, Prayaan Capital said in a press release.
Rangarajan Krishnan had recently acquired a controlling stake in Prayaan Capital. He aims to transform Prayaan into a new-age MSME lending platform, expanding access to credit for India’s small…

![[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)