PRESS RELEASE
14 July 2025

CMS IndusLaw Deal Report | Pravega Ventures

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IndusLaw

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INDUSLAW is a multi-speciality Indian law firm, advising a wide range of international and domestic clients from Fortune 500 companies to start-ups, and government and regulatory bodies.
CMS INDUSLAW advised Pravega Ventures on its lead investment in the STK Credit Private Limited, popularly known as InPrime, a Bengaluru-based non-banking financial company (NBFC) focused on underserved segments of the Indian credit market.
India

Tuesday, 8 July 2025 - CMS INDUSLAW advised Pravega Ventures on its lead investment in the STK Credit Private Limited, popularly known as InPrime, a Bengaluru-based non-banking financial company (NBFC) focused on underserved segments of the Indian credit market.

The round also saw participation from existing investors including Z47, Kettleborough VC Fund I, and IE Venture Investment Fund II. InPrime, known for its tech-enabled lending solutions tailored to the financial needs of new-to-credit and underserved borrowers, has previously secured backing from prominent angel investors Kunal Bahl and Rohit Kumar Bansal.

The CMS INDUSLAW team was led by Partner Siddharth Manchanda, with support from Sumedha Mazumdar (Senior Associate), Saket Mishra (Associate), Ankit Sharma (Associate) and Tarun Pydah (Associate).

Contributor

INDUSLAW is a multi-speciality Indian law firm, advising a wide range of international and domestic clients from Fortune 500 companies to start-ups, and government and regulatory bodies.

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