About Prachay
Prachay is a Financial Services company based in Pune (India) founded in 2017 by Girish Lakhotiya. Customized financial solutions and advisory services are provided to enterprises. Prachay has raised $1.84 million across 2 funding rounds from investors including Priya Sachin Nahar, Shruti Sunil Nahar and Rahul Ramkumar Rathi. Prachay was last valued at $32.86 million in July 2023. Its chief executive, as recorded, is Girish Lakhotiya. Its Indian entity Prachay Capital Limited reported revenue of ₹58.63 Cr. Prachay offers products and services including Customized Financial Solutions, Growth Capital Finance, and Prachay Bonds. Its focus areas include Consumer and SME Loans, SME Loans, Diversified and Services for Investment Industry. Its competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed competitors has raised funding.
Company details
Prachay was founded in 2017 and is headquartered in Pune, India. Financial services are delivered to mid-to-large enterprises through customized capital solutions, advisory, and investment management. Operations are structured across an RBI-registered NBFC, SEBI-registered AIF management, stock broking, and financial advisory divisions. Significant transactions have been facilitated to support enterprise objectives in the financial sector.
- Headquarters Pune, India
- Founders Girish Lakhotiya
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website prachay.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Prachay Capital Limited
- Date of Incorporation 07 Feb, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹58.63 Cr
FY 2025 · +38% YoY
- Net Profit₹9.43 Cr
FY 2025
- EBITDA₹48.15 Cr
FY 2025 · 82% margin
- Total Equity Funding$1.84M (USD)
in 2 rounds
- Latest Funding Round$1.22M (USD), Angel Round
Jul 2023
Associated legal entities of Prachay
Prachay is associated with 4 registered companies on The Company Check; the primary company is Prachay Capital Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prachay Capital Limited CIN U65900PN2017PLC168737 | Active | 07 Feb 2017 | Pune, Maharashtra | ₹58.6 Cr | 30 | 9 | View details |
| Prachay Holding Private Limited CIN U93000PN2020PTC189500 | Active | 29 Jan 2020 | Pune, Maharashtra | ₹0.5 Cr | 33 | 2 | View details |
| Prachay Advisors Private Limited CIN U74999PN2017PTC173300 | Active | 08 Nov 2017 | Pune, Maharashtra, India | View details | |||
| Prachay Capital Holdings Private Limited CIN U64990PN2017PTC173300 | Active | 08 Nov 2017 | Pune, Maharashtra | ₹0.4 Cr | 150 | 3 | View details |
Products & Services of Prachay
Prachay offers a comprehensive portfolio of products and services, including Customized Financial Solutions, Growth Capital Finance, and Prachay Bonds.
Provides tailored loans to address business financial needs and goals.
Offers financing schemes to boost business revenue and reduce risks.
Listed debentures providing fixed returns to investors through monthly payouts.
Apps and channels of Prachay
its YouTube channel Prachay Group has 298 subscribers and 30 videos.
Videos from Prachay
The most watched videos on Prachay's YouTube channel, Prachay Group (298 subscribers). Click a video to play it here.
More on Prachay Group.
Funding Insights of Prachay
Prachay has successfully raised a total of $1.84M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $1.22 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.84M
- Total Rounds 2
- Last Round Angel Round — $1.22M
- First Round $619,829
(Oct 2022)
- Investors Count 3
All 2 funding rounds of Prachay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $1.22M | Angel Round | $32.86M | Priya Sachin Nahar, Shruti Sunil Nahar | – |
| Oct 2022 | $619,829 | Angel Round | $15.2M | Rahul Ramkumar Rathi | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2023 | $32.86M | •••••••• |
| Oct 2022 | $15.2M | •••••••• |
Last known valuation $32.86M (Jul 2023). 3 investors in total: 0 institutional and 3 angel.
Investors in Prachay
Prachay has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Priya Sachin Nahar, Shruti Sunil Nahar and Rahul Ramkumar Rathi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PS Priya Sachin Nahar | unknown_d0f5b7c3453d438a9 | |||
SS Shruti Sunil Nahar | unknown_0026114c97a34a0ab | |||
RR Rahul Ramkumar Rathi | unknown_2d6926e285f7491a8 |
Investor details for Prachay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Prachay Capital Limited (Prachay)
Prachay Capital Limited is the primary company behind Prachay. The boards of the 3 registered companies of Prachay currently have 6 directors; the longest-serving is Roshan Rajendra Sancheti, appointed in 2017. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Roshan Rajendra Sancheti DIN 07707109 | Director | 08 Nov 2017 | 8 yrs 11 mo | Prachay Capital Holdings Private Limited, Prachay Holding Private Limited, Prachay Capital Limited |
| Girish Murlidhar Lakhotiya DIN 02699138 | Director | 14 Feb 2022 | 4 yrs 8 mo | Prachay Capital Holdings Private Limited, Prachay Holding Private Limited, Prachay Capital Limited |
| Nilesh Rameshchandraji Saboo DIN 07078878 | Director | 27 Jun 2024 | 2 yrs 4 mo | Prachay Capital Limited |
| Archna Rastogi DIN 10673171 | Director | 27 Jun 2024 | 2 yrs 4 mo | Prachay Capital Limited |
| Vinita Bhattacharjee DIN 10871076 | Director | 16 Dec 2024 | 1 yr 10 mo | Prachay Capital Limited |
| Divya Raizada DIN 10432172 | Director | 21 Mar 2025 | 1 yr 7 mo | Prachay Capital Holdings Private Limited, Prachay Capital Limited |
People of Prachay
2 people are tracked at Prachay (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| COO | Leadership |
Complete people profiles for Prachay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Prachay
Figures of Prachay Capital Limited, the primary company behind Prachay, for FY 2025. Revenue was ₹58.63 Cr (+38% year on year). Net profit was ₹9.43 Cr. EBITDA was ₹48.15 Cr (82% margin). Revenue has grown at a compounded annual rate of +39% over three years and +42% over five years.
- ₹58.63 CrRevenue · FY 2025 · +38% YoY
- ₹9.43 CrNet profit
- ₹48.15 CrEBITDA · 82% margin
- ₹22.90 CrPaid-up capital
- 30Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prachay Capital Limited are on its company page.
Detailed financial statements for Prachay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Prachay
4 dated milestones of Prachay across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Prachay is founded.
- Funding First funding round of $620K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $1.2M.
Competitors of Prachay
Prachay has 3 listed competitors in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
Detailed competitors of Prachay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Prachay
The website of Prachay (prachay.com) receives about 4.8K visits a month.
- Monthly visits4.8K
▼ 61.9% vs previous month
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Prachay (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Related news about Prachay
Complete news archive for Prachay
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- Full article archive
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- Older coverage
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Frequently Asked Questions about Prachay
Prachay was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Prachay is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Girish Lakhotiya is the CEO of Prachay, as recorded in our data. They have also founded this company.
Prachay is a funded company, having raised a total of $1.84M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $619.83K, raised on Oct 2022.
The primary company behind Prachay, Prachay Capital Limited, reported revenue of ₹58.63 Cr for FY 2025, up 38% year on year.
Prachay was founded in 2017 and is headquartered in Pune, India. Financial services are delivered to mid-to-large enterprises through customized capital solutions, advisory, and investment management. Operations are structured across an RBI-registered NBFC, SEBI-registered AIF management, stock broking, and financial advisory divisions. Significant transactions have been facilitated to support enterprise objectives in the financial sector.
Prachay's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Prachay offers Customized Financial Solutions, Growth Capital Finance, and Prachay Bonds.
Prachay has 3 investors. Key investors include Priya Sachin Nahar, Shruti Sunil Nahar, and Rahul Ramkumar Rathi.
The valuation of Prachay is $32.86M as of Jul 2023.
Prachay is associated with 3 legal entities: Prachay Capital Limited, Prachay Capital Holdings Private Limited, Prachay Holding Private Limited.
The legal entities of Prachay currently have 9 directors, including Girish Murlidhar Lakhotiya, Roshan Rajendra Sancheti, Divya Raizada and others.