Business-payments platform Pazy raises pre-seed funding round

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Here’s a summary of the key details from the provided information about Pazy:

Company Details

  • Startup Name: Pazy
  • Founders:
    • Pratik Chhajed
    • Devyanshu Shukla
  • Founded in: 2023
  • Location: Bengaluru, India

Funding Details

  • Funding Amount: Rs 6 crore (approximately $720K)
  • Funding Round: Pre-seed
  • Date of Funding: Not specified
  • Lead Investor: Inuka Capital
  • Other Investors: Gemba Capital

Company Focus

  • Description: Integrated business-payments platform for finance teams.
  • Purpose: To manage non-payroll payments, including vendor payouts, reimbursements, and tax-related transactions on a unified platform.
  • Vision: Develop a ‘gravity product’ to unify all business transactions and enhance financial operations.

Clientele

  • Noteworthy Clients:
    • Plum Insurance
    • WhiteGold
    • Keka
    • Fibe
    • Sprinto

Goals with Funding

  • Future Plans:
    • Expand product capabilities
    • Deepen ecosystem integrations
    • Scale the platform to Rs 10,000 crore in annual spend under management within the next year.

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2025-06-25 11:45:41