# Prayaan Capital Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prayaan-capital-private

- Industry: Financial Services
- Headquarters: Chennai, India
- Website: www.prayaancapital.com
- Total disclosed funding: $13M
- Latest round: Series A (Feb 26, 2026)
- Investors on record: 2

## About

Prayaan Capital Private Limited specializes in providing tailored financial solutions for small and medium-sized enterprises (MSMEs) in India, focusing on empowering businesses through accessible loans and efficient technological platforms. Founded in 2018 and headquartered in Chennai, India, Prayaan Capital Private Limited focuses on facilitating financial growth for MSMEs. The company was established by Madhan Mohan and Akash Chelvam. In February 2026, Prayaan Capital Private Limited raised INR 1.1 billion in series A funding led by Peak XV Partners. The company boasts a current valuation of INR 397.233 mn. Prayaan Capital Private Limited offers secured business loans and housing loans as part of its lending portfolio, with a strong focus on mortgage-backed financing. Its secured business loans are long-term facilities backed by commercial or residential property, primarily designed to support MSMEs in manufacturing, trading, and services sectors by enabling sustainable business growth through structured repayment schedules. In addition, the company provides housing loans secured against residential property, catering to customers within the micro and small segments as part of its secured lending offerings. Revenue is generated primarily through interest income from their loan products, with clients repaying loans over predetermined terms at agreed interest rates, thereby fostering long-term relationships with their clientele. Prayaan Capital plans to leverage the recent Series A funding of INR 1.1 billion to enhance its product offerings and expand into new geographical markets.

## Funding rounds

- Series A, Feb 26, 2026, $12M — Peak XV Partners
- Seed, Jan 27, 2020, $1.1M — Accion

## Investors

- Accion (https://capitalatlas.ai/funds/accion) — Seed
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series A