Pazy - About the company
Pazy is a seed company based in Bengaluru (India), founded in 2023 by Devyanshu Shukla and Pratik Chhajed. It operates as an Accounts payables management software for businesses. Pazy has raised $698K in funding from Inuka Capital, with a current valuation of ₹*****. The company has 5943 active competitors, including 546 funded and 505 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
Accounts payables management software for businesses. It provides solutions for business accounts, payment solutions, currency exchange, payment tracking, payment automation, financial reports and analytics, and more. It also offers solutions for vendor management, tax management, and more.
- Website
- www.pazy.io/
- Email ID
- *****@pazy.io
- Registered Address
- HD-254, WeWork Prestige, Atlanta, 80 Feet Mainroad, Koramangala I Block, Bangalore, Bangalore South, Karnataka, India, 560034
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Seed
Total Funding
$698K in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Oct 07, 2025
Investors
Ranked
686th among 5943 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
35 as on May 31, 2026
Legal entities associated with Pazy
Pazy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DECENTGRAD TECHNOLOGIES PRIVATE LIMITED CIN: U62013KA2023PTC175427 , India, Active | Jun 30, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Pazy's funding and investors
Pazy has raised a total funding of $698K over 1 round. Its latest funding round was a Seed round on Jun 26, 2025 for $*****. 2 investors participated in its latest round. Pazy has 2 institutional investors.
Here is the list of recent funding rounds of Pazy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 26, 2025 | 5991792 | Seed | 6564629 | 4486935 | 7702542 | 6128967 |
View details of Pazy's funding rounds and investors
Pazy's founders and board of directors
Founder? Claim ProfileThe founders of Pazy are Devyanshu Shukla and Pratik Chhajed.
Here are the details of Pazy's key team members:
- Devyanshu Shukla: Co-Founder of Pazy. They serve on the board of 1 company.Contact Info: 1 email address
- Pratik Chhajed: Co-Founder of Pazy. They serve on the board of 1 company.Contact Info: 1 email address
Pazy's Board of Directors
Pazy's board has 2 active members. Devyanshu Shukla and Pratik Chhajed are part of team.Here is the list of Pazy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 11m | |
Team | - | Current | 2y 11m |
View details of Pazy's Founder profiles and Board Members
Pazy's employee count trend
Pazy has 35 employees as of May 26. Here is Pazy's employee count trend over the years:
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Pazy's Competitors and alternates
Top competitors of Pazy include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Pazy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
4th | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
5th | Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
6th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
7th | Airwallex 2015, San Francisco (United States), Series G | Provider of multi-currency business accounts, global payments, and spend management | $1.58B | 82/100 | |
8th | Bill 2006, San Jose (United States), Public | Provider of accounts payable, accounts receivable, and spend management solutions | $326M | 81/100 | |
9th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
10th | Zuora 2007, Redwood City (United States), Acquired | Cloud-based invoice and subscription management solutions for businesses | $243M | 77/100 | |
686th | Accounts payables management software for businesses | $698K | 38/100 |
Looking for more details on Pazy's competitors? Click here to see the top ones
Pazy's Investments and acquisitions
Pazy has made no investments or acquisitions yet.
Reports related to Pazy
Here is the latest report on Pazy's sector:
News related to Pazy
Media has covered Pazy for a total of 2 events in the last 1 year.
•
Pazy Secures INR 6 Cr in Pre-Seed Funding Round Led by Inuka CapitalEnablers•Jun 26, 2025•Pazy, Inuka Capital, Gemba Capital
•
Pazy Secures ₹6 Crore in Pre-Seed Funding Round to Simplify B2B PaymentsCXOtoday•Jun 25, 2025•Pazy, Inuka Capital, Gemba Capital
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