Integrated business payments platform Pazy has raised Rs 6 crore in its pre-seed funding round led by Inuka Capital.

Gemba Capital also participated in the funding round, Pazy said in a statement.

The Bengaluru-based startup will use the fresh capital to boost its product capabilities, strengthen it ecosystem integrations, and grow the platform to Rs 10,000 crore in annual spend under management over the next year, it added.

Pazy, which was founded in 2023 by Pratik Chhajed and Devyanshu Shukla, seeks to help finance teams process invoices faster, reclaim more input tax credit, and eliminate human-led errors. Its clients include Plum Insurance, WhiteGold, Keka, Fibe and Sprinto.

"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," said Chhajed, co-founder and CEO, Pazy.

Recent early-stage funding rounds in fintech companies in India include in crypto neobank startup PlutoPe and fintech platform Saswat Finance.