•  Pazy raises  Rs 6 crore in pre-seed funding led by Inuka Capital and Gemba Capital.
•  The platform manages vendor payouts, reimbursements, and tax transactions on a unified         system.
•  Aims to scale to  Rs 10,000 crore in annual managed spend within 12 months.

Bengaluru business payments startup Pazy has raised  Rs 6 crore (~$720,000) of pre-seed capital from Inuka Capital, with support from Gemba Capital. The capital raise a single primary tranche of investment will go towards strengthening product capabilities, increasing integrations, and broadening operations to handle more than  Rs 10,000 crore in yearly business spend within the upcoming year.

Pazy was founded in 2023 by Devyanshu Shukla and Pratik Chhajed. The company provides an end-to-end platform for business payments other than payroll, such as vendor pay, employee reimbursements, and tax. By bringing these processes under a single system, Pazy allows finance teams to approve invoices more quickly, optimize input tax credit, and reduce manual errors.

“At Pazy, we’re building a gravity product one that anchors and simplifies all business transactions,” said Pratik Chhajed, Co-founder & CEO. “This funding will help us scale our platform to  Rs 10,000 crore in managed spend and support our goal of becoming the financial command center for businesses.”

Pazy has already processed  Rs 3,000+ crore in invoice value and maintains a Net Promoter Score (NPS) above 90, reflecting strong user satisfaction.

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Pazy is at the optimal confluence of India's drive for GST-led compliance and the need for UPI-like digital experience in B2B payments," commented Gautam Shewakramani, Co-founder & Partner, Inuka Capital. "They are positioned to be the CFO's mission control for business spending.