About SalaryDost
SalaryDost is a Financial Services company based in Thane (India) founded in 2018 by Manish Shukla and Mrityunjay Shahi. It provides short-term, accessible loans tailored for salaried individuals. It operates on a B2C model. Its chief executive, as recorded, is Mrityunjay Shahi. Its Indian entity Mysalarydost Fintech Private Limited reported revenue of ₹1.35 Cr. Its focus areas include Lending, Personal Loans and Short-Term Financing. Its competitors include Epimoney, IndiaLends and i2i; 2 of its 3 listed competitors have raised funding.
Company details
SalaryDost, established in 2018, excels in offering financial products and advice, facilitating loans and financing, personal loans, and short-term financing. Provides short-term, accessible loans tailored for salaried individuals. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Thane, India
- Founders Manish Shukla, Mrityunjay Shahi
- SectorsFinancial Services
- Website salarydost.com
- Social X Facebook
- Legal Name Mysalarydost Fintech Private Limited
- Date of Incorporation 20 Mar, 2018
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹1.35 Cr
FY 2021 · -64% YoY
- Net Loss-₹64.5 Lakh
FY 2021 · -48% margin
- EBITDA-₹60.4 Lakh
FY 2021 · -45% margin
Associated legal entities of SalaryDost
SalaryDost operates through Mysalarydost Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mysalarydost Fintech Private Limited CIN U65100MH2018PTC306762 | Active | 20 Mar 2018 | Thane, Maharashtra | ₹1.4 Cr | 2 | View details |
Board of directors of Mysalarydost Fintech Private Limited (SalaryDost)
Mysalarydost Fintech Private Limited is the primary company behind SalaryDost. The board of Mysalarydost Fintech Private Limited currently have 2 directors; the longest-serving is Manish Shukla, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Shukla DIN 09046094 | Additional Director | 04 Feb 2021 | 5 yrs 8 mo | Mysalarydost Fintech Private Limited |
| Rohit Harish Rao DIN 06375043 | Additional Director | 25 May 2022 | 4 yrs 5 mo | Mysalarydost Fintech Private Limited |
People of SalaryDost
2 people are tracked at SalaryDost (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
Mrityunjay Shahi | Founder, CEO | Leadership |
Complete people profiles for SalaryDost
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Financials of SalaryDost
Figures of Mysalarydost Fintech Private Limited, the primary company behind SalaryDost, for FY 2021. Revenue was ₹1.35 Cr (-64% year on year). Net loss was -₹64.5 Lakh (-48% margin). EBITDA was -₹60.4 Lakh (-45% margin).
- ₹1.35 CrRevenue · FY 2021 · -64% YoY
- -₹64.5 LakhNet loss · -48% margin
- -₹60.4 LakhEBITDA · -45% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mysalarydost Fintech Private Limited are on its company page.
Detailed financial statements for SalaryDost
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Competitors of SalaryDost
SalaryDost has 3 listed competitors in our database, 2 of them funded. They include Epimoney, IndiaLends and i2i.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| epimoney.in | 1995 | Chennai, India | 623 | Consumer and business loans are facilitated via an online platform. | ||
| indialends.com | 2014 | Gurugram, India | $30.11M | 221 | Online platform providing loans and credit cards from various financial institutions | |
| i2ifunding.com | 2015 | Noida, India | $934,120 | 33 | Borrowers are connected with investors through P2P lending services. |
Detailed competitors of SalaryDost
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as SalaryDost (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Related news about Salarydost
Complete news archive for SalaryDost
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Frequently Asked Questions about SalaryDost
SalaryDost was founded in 2018.
SalaryDost is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Mrityunjay Shahi is the CEO of SalaryDost, as recorded in our data. They have also founded this company.
The primary company behind SalaryDost, Mysalarydost Fintech Private Limited, reported revenue of ₹1.35 Cr for FY 2021, down 64% year on year.
SalaryDost, established in 2018, excels in offering financial products and advice, facilitating loans and financing, personal loans, and short-term financing. Provides short-term, accessible loans tailored for salaried individuals. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
SalaryDost's top competitors include Epimoney, i2i and IndiaLends.
SalaryDost operates through Mysalarydost Fintech Private Limited.
The legal entities of SalaryDost currently have 2 directors, including Rohit Harish Rao, Manish Shukla.