PRESS RELEASE
14 July 2025

CMS IndusLaw Deal Report | Pravega Ventures

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CMS INDUSLAW

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CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
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

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.

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