Bengaluru-based integrated business-payments platform Pazy raises Rs 6 crore in funding

Pazy, a Bengaluru-based integrated business-payments platform for finance teams, has raised Rs 6 crore (approximately $720,000) in a pre-seed funding round led by Inuka Capital, with participation from Gemba Capital.

The capital is being invested as a single primary tranche and will be used to expand product capabilities, deepen ecosystem integrations, and scale the platform to Rs 10,000 crore in annual spend under management over the next year.

Founded in 2023 by Pratik Chhajed and Devyanshu Shukla, Pazy is transforming how businesses manage their non-payroll payments, including vendor payouts, reimbursements, and tax-related transactions, on a unified platform. Unlike others, the startup integrates all three segments, helping finance teams process invoices faster, reclaim more input tax credit, and eliminate human-led errors that can derail financial operations.

“At Pazy, our vision is to develop a ‘gravity product’ that flawlessly unifies all business transactions”, said Pratik Chhajed, Co-Founder and CEO, Pazy. We’re working towards becoming the single operating system for our clients’ financial operations, enabling greater clarity, control, and efficiency while minimizing manual effort and errors.  The pre-seed funding will fuel our efforts to scale annual spend under management to INR 10,000 crore over the next 12 months.”

Gautam Shewakramani, Co-Founder & Partner, Inuka Capital, said, “As the Indian economy continues to formalise, B2B payment systems are under pressure to meet two rising demands: compliance-led digitisation through GST, and seamless, consumer-grade experiences inspired by UPI. Pazy is uniquely positioned at this crossroads, and with over INR 3,000 crore in invoice value already processed and a stellar Net Promoter Score of 90+, they are well on their way to becoming the ‘CFO Mission Control’ for business spend in India.”