SalaryBox

Gusto for India

Gurugram, India · Founded 2021 · $4.0M raised

Headquarters
Gurugram
Employees
1–10
Founded
2021
Total Funding
$4.0M
Last Round
$4.0M SeedNov 2021
Rounds
1

About

Salarybox is a payroll app for small businesses in India. There are 63 Million small businesses in India and 90% still manage payroll manually. Today, business owners manage attendance on pen-paper; calculate salary on excel and pay employees in cash. Using our App, the entire process can be performed with the click of a button. Our app reduces the time taken to process payroll from 5 days to 5 minutes. We use Payroll data to build a credit profile of 300 Million+ blue-collar workers and improve access to financial products.

Summary

SalaryBox is a Fintech company based in Gurugram, India, founded in 2021. It has raised $4.0M in total across 1 round, most recently a $4.0M Seed round in Nov 2021. Investors include Y Combinator, AME Cloud Ventures and Gokul Rajaram.

Tech & App Stack

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Funding History

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