Pagarbook is raising Rs 10 crore ($1.2 million) in its Series A5 round from Peak XV Partners, accepting an 85% valuation drop to support expansion and growth.
Pagarbook is raising Rs 10 crore ($1.2 million) in its Series A5 round from Peak XV Partners, accepting an 85% valuation drop to support expansion and growth.
04/21/25, 3:49 PM
Location
karnatakaMoney raised
$1.2 million
Round Type
series a
Investors
Peak Xv Partners
Pagarbook is raising Rs 10 crore in its Series A5 round from Peak XV Partners amid a steep valuation drop. The company has turned cashflow positive as of March 2025, signaling a shift toward sustainable growth. Founded in 2019, Pagarbook aims to streamline HR processes for SMEs through its workforce management app. The ongoing funding round may see additional capital raised as part of Series A5.
Company Info
Location
karnataka, india
Additional Info
PagarBook is a staff management platform that helps SMEs streamline HR processes by simplifying attendance tracking, speeding up payment cycles, and reducing disputes. It offers a flagship workforce management app that eliminates human errors in wage calculations and facilitates salary payments. The company pivoted in 2022 from financial services to a software as a service solution provider for Indian SMEs. Founded in 2019, PagarBook aims to support expansion and growth through its innovative solutions.