PagarBook, operated by Gyankaar Technologies Private Limited, has raised ₹25 Crores in its Series A5 funding round, led by Peak XV Partners and Triton Fund.
ASG & Partners acted as legal counsel to PagarBook on this fundraise.
The transaction team was led by Aniket Gautam (Founding & Managing Partner), with assistance from Smriti Poddar (Counsel) and Siddharth Kurichh (Associate).
IndusLaw represented lead investor Peak XV Partners on this fundraise.
Khaitan & Co represented lead investor Triton Fund on this fundraise.
The core team consisted of Shourya Sengupta (Partner), Riya Dutta (Principal Associate) and Supallab Chakraborty (Senior Associate).
The diligence team consisted of Abhinav Rastogi (Partner), Shailendra Bhandare (Partner), Sourav Dan (Counsel), Sumantra Bose (Counsel), Ransher Singh (Senior Associate), Shramana Dwibedi (Senior Associate), Joysurjo Roy (Associate), Unnati Khanna (Associate) and Vaishali Adhikari (Associate).
The Company will utilise the funds towards expanding its business operations, pursuing potential acquisitions, and enhancing the technological capabilities and operational efficiency of its platform.
PagarBook is a Bengaluru-based company founded in 2018 by Rupesh Kumar Mishra, Adarsh Kumar, and Arya Adarsha Gautam. The company provides HRMS solutions for SMBs, facilitating efficient management of staff attendance, salary processing, payments, and compliance requirements. PagarBook has 417 employees as of March 31, 2025.
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