Combine all the ingredients in a large mixing bowl and mix well. Set aside for 15~20 minutes.
Heat ponganalu/ paniyaram/aebleskiver pan on medium heat. Once the pan is hot enough, pour about ½tsp oil or ghee in each cavity.
Pour about 1~2tbsp of the batter in each, cover the pan and cook till the bottom of the paniyaram turn golden brown, 2~3 minutes. Gently flip each paniyaram and cook on the other side until golden, about 2 minutes. Drizzle in a little more oil of ghee if desired while cooking.
Remove from the pan and serve hot with your favorite chutney.