Business-payments platform Pazy raises Rs 6 Cr in pre-seed round

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

The funds will be used to improve the product, strengthen ecosystem integrations, and grow the platform to manage ₹10,000 crore in annual spending over the next year.

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“At Pazy, our vision is to develop a ‘gravity product’ that flawlessly unifies all business transactions. 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,”  said Pratik Chhajed, Co-Founder and CEO, Pazy.

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.”

About Pazy 

Co-founded in 2023 by Pratik Chhajed and Devyanshu Shukla, the Bengaluru-based Pazy is on a mission to simplify how businesses handle non-payroll payments—like vendor payouts, reimbursements, and tax-related transactions—through one unified platform. By bringing these functions together, Pazy helps finance teams speed up invoice processing, recover more input tax credit, and reduce errors caused by manual processes.

Trusted by top companies across BFSI, media, retail, and manufacturing sectors, Pazy processes payments worth hundreds of crores each month for clients such as plum Insurance, WhiteGold, Keka, Fibe, Sprinto, and more.

Pazy claims that finance teams using its platform can close books 10× faster, recover up to 7% more input tax credit and gain real-time visibility into every rupee spent.

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