Alert Regarding Fraudulent Mobile Applications Misrepresenting Association with Prayaan Capital Private Limited
This notice is being issued in the public interest by Prayaan Capital Private Limited, an RBI-registered Non-Banking Financial Company ("Company") to caution the public against fraudulent mobile applications, under the name of ‘Prayaan Lend Personal Loan App’ and/or similar names claiming affiliation with Prayaan Capital Private Limited. These unauthorized entities are illegally misusing the name, logo, and trademark of the Company, officers and directors without authorisation, to misguide and deceive the public.
This is to clarify that Prayaan Capital Private Limited has no affiliation or connection with any of the above apps, websites or platforms and conducts its business only through the following website: www.prayaancapital.com
The public is strongly cautioned not to download, install, or engage with any unauthorized mobile application and/or website. Please be advised that any person corresponding with such persons in any manner whatsoever will be doing so at their own risk, as to costs and consequences or fall prey to such fraudulent activities. The Company, and its representatives or employees do not and shall not accept any responsibility or liability whatsoever for any loss or damage that anyone may suffer or incur owing to any transactions made on such fake apps and/or websites.
If you come across any such fraudulent applications, misrepresentations, or similar incidents, we urge you to report them to us immediately at customercare@prayaancapital.com
Issued by:
Prayaan Capital Private Limited
Date: 08-03-2025