ZenStatement
ZenStatement provides an AI-powered finance operating system to help high-volume businesses automate reconciliation, track payments, and optimize cashflow with a single source of truth.
Founding Story
The founders, Sourabh Nolkha and Ankit Narsaria, launched ZenStatement after experiencing the persistent pain of manual reconciliation and fragmented financial data across ERPs and gateways. Their vision was to create a platform that gives finance teams the clarity and control they need to focus on strategy instead of spreadsheets.
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Leadership
Founders
Sourabh Nolkha
CEO and Co-founder. Previously VP of Finance at Mensa Brands, Head of Finance at ITILITE, and held roles at Apple (Finance Manager), Deloitte (Consultant), and Infosys. Chartered Accountant and ISB alumnus (Class of 2017). BW Businessworld 40 Under 40 awardee.
Ankit Narsaria
CPO and Co-founder. Previously built financial technology rails (fintech) and held product roles. MBA from IIM Shillong (2015) and B.Tech from RCC Institute of Information Technology (2011).
Executive Team
Sourabh Nolkha
Chief Executive Officer
15+ years of experience in B2C/D2C finance; former Finance Controller at Mensa Brands and Finance Manager at Apple.
Ankit Narsaria
Chief Product Officer
Experience building complex financial rails and product management; IIM Shillong alumnus.
Business Model
Revenue Model
SaaS platform with usage-based (volume-based) pricing; no per-seat fees.
Pricing Tiers
Charges are based on the volume of transactions processed rather than the number of users.
Target Markets
- E-commerce Brands
- D2C Brands
- Marketplaces
- Logistics Companies
- Fintech Companies
- High-volume e-commerce and marketplace reconciliation
- Logistics and fintech payout management
- CFO-level financial analytics and reporting
- Cashflow forecasting for D2C brands
- The Good Glam Group
- Mensa Brands
- Mobile Premier League
History & Milestones
Featured in YourStory for revolutionizing finance operations with AI-powered solutions.
Selected as one of Inc42's '30 Startups to Watch' for April 2025.
Raised $1.62 million in a Seed funding round led by 3One4 Capital and Boldcap VC.
Company founded in Bengaluru, India (initially known as SimpliFin).
1 AI Tool by ZenStatement
Creo is an AI platform purpose-built for finance teams, automating complex workflows like vendor reconciliation, financial analysis, and usage-based billing with explainable logic and audit trails.
