About SalaryBox
SalaryBox is a company based in Gurugram (India) founded in 2020 by Peeyush Goyal and Nikhil Goel. SalaryBox has raised $4.13 million across 3 funding rounds from investors including 2am VC, Y Combinator and AME Cloud Ventures. The company has 70 employees as of March 22, 2024. SalaryBox offers products and services including Mobile Attendance, Biometric Attendance, Payroll Processing, Roster Management, and Leave Management. SalaryBox operates in a competitive market with competitors including Gusto, Paycor, Payflow, Paychex and TriNet, among others.
- Headquarter Gurugram, India
- Employees 70 as on 22 Mar, 2024
- Founders Peeyush Goyal, Nikhil Goel
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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
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- Legal Name Cresce Technology Private Limited
- Date of Incorporation 03 Jun, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$122.14 K (USD)0as on Mar 31, 2022
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Net Profit
-$353.56 K (USD)0as on Mar 31, 2022
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EBITDA
-$335.39 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$4.13 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Seed
Nov 17, 2021
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Investors
2am VC
& 11 more
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Employee Count
70
as on Mar 22, 2024
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Products & Services of SalaryBox
SalaryBox offers a comprehensive portfolio of products and services, including Mobile Attendance, Biometric Attendance, Payroll Processing, Roster Management, and Leave Management.
Real-time tracking of employee attendance via mobile app
Secure integration for biometric-based employee check-ins
Automated calculations for salaries, taxes, and reimbursements
System for creating and notifying employee schedules
Platform for requesting, approving, and tracking employee leaves
People of SalaryBox
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Funding Insights of SalaryBox
SalaryBox has successfully raised a total of $4.13M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in November 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 SalaryBox
SalaryBox has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include 2am VC, Y Combinator and AME Cloud Ventures.
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Early-stage startups are accelerated via funding and educational programs.
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Early-stage investments are provided by Soma Capital to startups.
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Investor details for SalaryBox
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Investments & Acquisitions by SalaryBox
Investment portfolio details for SalaryBox
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Financial Statements - SalaryBox
Detailed financials for SalaryBox
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Salarybox Comparisons
Peer comparison for SalaryBox
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Competitors of SalaryBox
SalaryBox 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, Paycor, Payflow, Paychex and TriNet, among others.
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Cloud-based HR and payroll solutions are offered for small businesses.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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Cloud-based HRMS platform is offered for small and medium businesses.
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Cloud-based HR management suite is provided for employee operations.
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Detailed competitors of SalaryBox
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Latest news on Salarybox
Complete news archive for SalaryBox
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Frequently Asked Questions about SalaryBox
SalaryBox was founded in 2020 and raised its 1st funding round 1 year after it was founded.
SalaryBox is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Nikhil Goel is the current CEO of SalaryBox. They have also founded this company.
SalaryBox is a funded company, having raised a total of $4.13M across 3 funding rounds to date.
As of Mar 22, 2024, the latest employee count at SalaryBox is 70.
Annual revenue of SalaryBox is $122.14K as on Mar 31, 2022.
SalaryBox was founded in 2020 in Gurugram, India, within the HR technology sector. Payroll management software tailored for small and medium enterprises is delivered, emphasizing mobile accessibility. Staff oversight is facilitated through methods like location-based and selfie attendance, live GPS tracking for field employees, geofence options, QR codes, kiosks, and biometrics. Automatic salary computations, advances, loan handling, bulk payments, and slip distribution are supported across operations in India.
SalaryBox offers Mobile Attendance, Biometric Attendance, Payroll Processing, Roster Management, and Leave Management.
SalaryBox has 12 investors. Key investors include 2am VC, Y Combinator, AME Cloud Ventures, Soma Capital, and Gokul Rajaram.