Daily Salary

Gurugram, India Founded: 2020 • Age: 6 yrs
A cloud-based application for managing employee salaries efficiently.
Annual revenue $139,421 Latest available
Total funding $167,448 2 rounds
Employees 1 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Daily Salary

Daily Salary is a company based in Gurugram (India) founded in 2020. It operates as a B2B. Daily Salary has raised $167.45 thousand across 2 funding rounds from investors including Wellfound, Vijay Rajagopal and Wellfound. The company has 1 employees as of March 31, 2023. Daily Salary operates in a competitive market with competitors including Clair, Jify, Refyne, Kaarva and Myfinfi, among others.

  • Headquarter Gurugram, India
  • Employees 1 as on 31 Mar, 2023
  • Sectors
    Business Services
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Nsquared Systems Private Limited
  • Date of Incorporation 27 May, 2020
  • Jurisdiction Gurugram, Haryana, India
Operational Areas
Business Services → Workforce & Human Resource Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $139.42 K (USD)
    107.56
    as on Mar 31, 2023
  • Net Profit
    -$70.56 K (USD)
    28.21
    as on Mar 31, 2023
  • EBITDA
    -$63.14 K (USD)
    38.54
    as on Mar 31, 2023
  • Total Equity Funding
    $167.45 K (USD)

    in 2 rounds

  • Latest Funding Round
    $13.6 K (USD), Angel Round

    Apr 05, 2021

  • Investors
    Wellfound

    & 2 more

  • Employee Count
    1

    as on Mar 31, 2023

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Funding Insights of Daily Salary

Daily Salary has successfully raised a total of $167.45K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $13.6 thousand completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Daily Salary

Daily Salary has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Wellfound, Vijay Rajagopal and Wellfound.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Startup jobs are connected to individuals via a dedicated platform.
Locked Locked Locked
Startup jobs are connected to seekers via an online platform.
Locked Locked Locked

Vijay Rajagopal

Angel investor and startup mentor, ex-Microsoft, focused on tech innovation
Locked Locked Locked
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Investor details for Daily Salary

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Investments & Acquisitions by Daily Salary

Investments
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Investment portfolio details for Daily Salary

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  • Transaction dates
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Financial Statements - Daily Salary

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Detailed financials for Daily Salary

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Daily Salary Comparisons

Daily Salary Primary company
Description
A cloud-based application for managing employee salaries eff...
Location
Gurugram, India
Founded Year
2020
Annual Revenue
$139.42 K (USD)
Net Profit
-$70.56 K (USD)
EBITDA
-$63.14 K (USD)
Employees
1
As of 2023
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Peer comparison for Daily Salary

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Competitors of Daily Salary

Daily Salary operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clair, Jify, Refyne, Kaarva and Myfinfi, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Embedded Earned Wage Access solutions are provided for HR platforms.
Locked Locked Locked
Online financial management and on demand salary solutions for employees
Locked Locked Locked
Provider of earned wage access and financial wellness solutions
Locked Locked Locked
Earned salaries are accessed by employees through a flexible platform.
Locked Locked Locked
Employee financial benefits are delivered via a cloud-based platform.
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Detailed competitors of Daily Salary

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Latest news on Daily Salary

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Complete news archive for Daily Salary

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Frequently Asked Questions about Daily Salary

Daily Salary was founded in 2020.

Daily Salary is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Daily Salary is a funded company, having raised a total of $167.45K across 2 funding rounds to date.

As of Mar 31, 2023, the latest employee count at Daily Salary is 1.

Annual revenue of Daily Salary is $139.42K as on Mar 31, 2023.

Daily Salary, established in 2020, excels in managing HR solutions, managing payroll, employee compensation, and cloud applications. A cloud-based application for managing employee salaries efficiently. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Daily Salary's top competitors include Clair, Jify and Refyne.

Daily Salary has 3 investors. Key investors include Wellfound, Vijay Rajagopal, and Wellfound.

The valuation of Daily Salary is $974.32K as of Oct 2020.

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