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.
At a Glance
- E-commerce Brands
- D2C Brands
- Marketplaces
- Logistics Companies
- +1 more
AI Tools by ZenStatement
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Creo by ZenStatement
AI Agents for Finance Teams
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Latest News
ZenStatement mentioned in Inc42 news roundup for Indian startups
Named one of Inc42's '30 Startups to Watch' for April 2025
This Bengaluru startup's AI solutions help finance teams streamline operations
ZenStatement raises $1.62 Mn in seed round led by 3One4 Capital and Boldcap VC
Products & Services
Automated tracking and reconciliation of payments from multiple marketplaces and payment gateways.
Streamlining vendor payouts and marketplace settlements with automated invoice pulling and reconciliation.
AI-powered cashflow observability and forecasting for high-volume businesses.
A comprehensive platform unifying financial data, reconciliation, monitoring, and analytics into a single source of truth.
Market Position
ZenStatement differentiates itself by offering a purpose-built 'Finance OS' that consolidates data from 100+ sources, providing faster onboarding and lower TCO compared to legacy systems or generic ERPs.
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.
Board of Directors
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.
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