Private Equity PE-VC Fund Investments
Business-payments platform Pazy raises Rs.6-Cr led by Inuka Capital
Pazy , a Bengaluru-based integrated business-payments platform for finance teams, has raised INR 6 crore (about USD 720,000) in a pre-seed funding round led by Inuka Capital, with participation from Gemba Capital.Founded in 2023 by Pratik Chhajed and Devyanshu Shukla, Pazy helps businesses manage their non-payroll payments, including vendor payouts, reimbursements, and tax-related transactions, on a unified platform.The new funds, being invested as a single primary tranche, will be used to expand product capabilities, deepen ecosystem integrations, and scale the platform to INR 10,000 crore in annual spend under management over the next year.