About PayReview
PayReview is a company based in Gurugram (India) founded in 2017 was acquired by People Strong in March 2022.. PayReview has raised $23.79 thousand across 1 funding round from investors including People Strong, Ashutosh Kelkar and Gaurav Sharma. PayReview operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.
- Headquarter Gurugram, India
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Evoque Advisory Private Limited
- Date of Incorporation 21 Apr, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$240.95 K (USD)-44.2as on Mar 31, 2023
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Net Profit
$76.95 K (USD)-67.93as on Mar 31, 2023
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EBITDA
$109.48 K (USD)-54.54as on Mar 31, 2023
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Total Equity Funding
$23.79 K (USD)
in 1 rounds
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Latest Funding Round
$23.79 K (USD), Angel Round
Mar 24, 2018
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Investors
People Strong
& 4 more
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Employee Count
Employee Count
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Acquired by
People Strong
(Mar 09, 2022)
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Funding Insights of PayReview
PayReview has successfully raised a total of $23.79K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $23.79 thousand completed in March 2018. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $23,789
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First Round
First Round
(24 Mar 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Angel Round - PayReview | Valuation | Ashutosh Kelkar , Gaurav Sharma |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PayReview
PayReview has secured backing from 5 investors, including angel and institutional investors. Prominent investors backing the company include People Strong, Ashutosh Kelkar and Gaurav Sharma. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Cloud-based human resource management software is offered.
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Founded Year | Domain | Location | |
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AK
Ashutosh Kelkar |
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|
Founded Year | Domain | Location |
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GS
Gaurav Sharma |
Angel investor, tech entrepreneur, and advisor in Indian startup ecosystem.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PayReview
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PayReview
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payreview Comparisons
Competitors of PayReview
PayReview 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 Gusto, Payflow, Paylocity, Justworks and Earnin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Payreview
Frequently Asked Questions about PayReview
When was PayReview founded?
PayReview was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is PayReview located?
PayReview is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is PayReview a funded company?
PayReview is a funded company, having raised a total of $23.79K across 1 funding round to date. The company's 1st funding round was a Angel Round of $23.79K, raised on Mar 24, 2018.
What is the annual revenue of PayReview?
Annual revenue of PayReview is $240.95K as on Mar 31, 2023.
What does PayReview do?
Cloud-based compensation platform. It helps organizations via allocation monitoring of HR investments across employee life cycles for better talent decisions. It offers 7 products to cater these needs i.e. Hire Review, Fair Increments, Incentive Now, BenchmarkAssist, Deep Analytics, Workforce Plans, and Smart Budgets.
Who are the top competitors of PayReview?
Who are PayReview's investors?
PayReview has 5 investors. Key investors include People Strong, Ashutosh Kelkar, Gaurav Sharma, Clement Rosario, and Gaurav Sharma.
What is PayReview's valuation?
The valuation of PayReview is $319.14K as of Mar 2018.
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