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SalaryBox is a mobile-first SaaS solution that makes salary calculation and payments simple and convenient for small businesses.
Basic Information
Founded in 2020 by Nikhil Goel and Peeyush Goyal, SalaryBox has built a mobile-first SaaS product that makes salary calculation and payments simple and convenient for small businesses. It makes salary calculation and payments simple and convenient for small businesses. In the app, salaries are automatically calculated for different wage types after considering attendance, leaves, allowances, overtime pay, and salary advances. Business owners can disburse wages to all workers and file government-mandated compliance requirements in a single click. This also helps blue-collar employees get a digital footprint of their payroll and employment details that they can easily share with financial institutions to avail loan and insurance products. In May 2021, the startup raised an undisclosed amount in its pre-seed funding round.
Legal Name
:
Cresce Innovation Private Limited
Headquarters
:
Gurugram, Haryana, India
Founding Date
:
2020
No. of Employees
:
<10
Core Team
:
1.  
Peeyush Goyal
Co-Founder
2.  
Nikhil Goel
Co-Founder
Funding

Total Funding

$4.1M

Investors
:
1.  
Y Combinator
2.  
GSF
3.  
2 AM Ventures
4.  
Soma Capital

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Detail Round Breakdown
Round 1

$4M

Series Name
:
SEED
Date
:
17th Nov 2021
Investors
:
1.  
Soma Capital
2.  
2 AM Ventures
3.  
AME Cloud Ventures
4.  
Y Combinator

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