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. See more

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

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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

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