Pazy, a Bengaluru-based integrated business-payments platform, has raised ₹6 crore (~$720,000) in a pre-seed funding round led by Inuka Capital, with participation from Gemba Capital.
The fresh capital will be used to enhance product capabilities, expand ecosystem integrations, and scale operations to manage ₹10,000 crore in annual spend within the next year.
Founded in 2023 by Pratik Chhajed and Devyanshu Shukla, Pazy streamlines non-payroll business payments—such as vendor payouts, reimbursements, and tax-related transactions—into a single, unified platform. The platform aims to reduce manual errors, speed up invoice processing, and improve input tax credit recovery by combining all three payment segments into one seamless workflow.
“Our mission is to build a ‘gravity product’ that unifies all financial transactions for businesses,” said Pratik Chhajed, Co-founder & CEO of Pazy. “This funding helps us move faster towards becoming the default operating system for finance teams across India.”
The platform has already processed over ₹3,000 crore in invoice value, boasting a Net Promoter Score of 90+, signaling strong customer satisfaction and product-market fit.
“Pazy is solving for two converging forces: increasing compliance demands post-GST and rising expectations for consumer-like experiences in B2B payments,” said Gautam Shewakramani, Co-founder & Partner at Inuka Capital. “Their approach positions them to become the ‘CFO mission control’ for business spend in India.”
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