Pazy Secures $720K to Expand Its Business Payments Platform

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Cairo, 25 June 2025 — Pazy, an integrated business-payments platform for finance teams, has secured Rs 6 crore (≈ US $720 k) in a pre-seed round led by Inuka Capital with participation from Gemba Capital.


The capital will be channelled into product enhancements, deeper ecosystem integrations, and scaling the platform to manage ₹10,000 crore in annual spend over the next 12 months.

Pratik Chhajed, Co-Founder & CEO of Pazy, said:

“Our vision is to build a gravity product that seamlessly unifies all business transactions, acting as the single operating system for financial operations. This pre-seed funding will help us scale spend under management to ₹10,000 crore within the next year.”

Gautam Shewakramani, Co-Founder & Partner at Inuka Capital, added:

“As India’s economy formalises, B2B payment systems must deliver on compliance-driven digitisation and consumer-grade experiences inspired by UPI. With over ₹3,000 crore in invoice value processed and an NPS of 90+, Pazy is on track to become the ‘CFO Mission Control’ for business spend in India.”

Founded in 2023 by Pratik Chhajed and Devyanshu Shukla, Bengaluru-based Pazy simplifies non-payroll payments—vendor payouts, reimbursements, tax obligations—through a single interface.

Trusted by leading firms across BFSI, media, retail, and manufacturing, the platform processes hundreds of crores in payments every month for clients such as Plum Insurance, WhiteGold, Keka, Fibe, and Sprinto.

Finance teams using Pazy 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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