Sub-K Impact Solutions completed the acquisition of a 25% stake in Prayaan Capital.

Sub-K Impact Solutions, a digital financial intermediary that offers affordable, accessible and scalable financial and payment services to BoP segment, completed the acquisition of a 25% stake in Prayaan Capital, a financial technology startup focussed on lending to micro, small and medium enterprises. Financial terms were not disclosed. "We believe Prayaan's strong domain expertise and sound operating model coupled with Sub-K's tech leadership and distribution network would go a long way in serving the credit needs of MSMEs, making a significant impact at scale," Sasidhar N Thumuluri, Sub-K MD & CEO.