Salt Club

Noida, India Founded: 2019 • Age: 7 yrs
Point-of-sale financing is facilitated via an online mobile platform.

About Salt Club

Salt Club is a Financial Services company based in Noida (India) founded in 2019 by Mahesh Shukla. Point-of-sale financing is facilitated via an online mobile platform. The company has 75 employees. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Similar companies include axio, ZestMoney and Simpl; 3 of its 3 listed similar companies have raised funding.

Company details

SALT was established in 2019 as a fintech entity based in Noida, India. Credit solutions are extended over mobile devices to address credit card acceptance issues and serve the unbanked. Installment payment options are enabled for purchases using UPI, net banking, credit cards, and other methods. An app-based interface is offered on iOS and Android platforms for user access.

  • Headquarters Noida, India
  • Employees 75
  • Founders Mahesh Shukla
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website saltclub.in
  • Social X Facebook
Key Metrics
  • Annual Revenue
    $4.59 M (USD)
    236
    as on Mar 31, 2023
  • Net Profit
    $38.62 K (USD)
    205
    as on Mar 31, 2023
  • EBITDA
    $86.59 K (USD)
    128
    as on Mar 31, 2023
  • Employee Count
    75

Board of directors of Salt Club

The boards of the 2 registered companies of Salt Club currently have 6 directors; the longest-serving is Mahesh Kumar Shukla, appointed in 2016. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mahesh Kumar Shukla
DIN 07645805
Director25 Nov 20169 yrs 11 moHuey Tech Limited
Meenu Sharma
DIN 08158492
Director07 Aug 20188 yrs 2 moHuey Tech Limited
Manav Munjal
DIN 08268309
Director29 Oct 20188 yrsPayme India Financial Services Private Limited, Huey Tech Limited
Pramod Kumar
DIN 08196198
Director29 Oct 20188 yrsPayme India Financial Services Private Limited
Gaurav Dwivedi
DIN 08505298
Director08 Jul 20197 yrs 3 moPayme India Financial Services Private Limited
Prince Chugh
DIN 10354371
Company Secretary03 Jul 20251 yr 3 moPayme India Financial Services Private Limited

People of Salt Club

1 people are tracked at Salt Club (1 in leadership); the tracked headcount is 75.

NameRoleGroup
FounderLeadership
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Financials of Salt Club

Figures of Payme India Financial Services Private Limited, the primary company behind Salt Club, for FY 2024. Revenue was ₹25.20 Cr (-25% year on year). Net profit was ₹25.2 Lakh (1% margin). EBITDA was ₹7.63 Cr (30% margin). Revenue has grown at a compounded annual rate of +58% over three years and +282% over five years.

  • ₹25.20 CrRevenue · FY 2024 · -25% YoY
  • ₹25.2 LakhNet profit · 1% margin
  • ₹7.63 CrEBITDA · 30% margin
  • ₹12.48 CrPaid-up capital
  • 130Employees (provident fund records)
  • +58%Revenue CAGR, 3 years
  • +282%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Payme India Financial Services Private Limited are on its company page.

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Detailed financial statements for Salt Club

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Similar companies to Salt Club

Salt Club has 3 listed similar companies in our database, 3 of them funded. They include axio, ZestMoney and Simpl.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
axio.co.in2013Bengaluru, India$205.92M499
An online lending platform for point-of-sale financing is provided.
zestmoney.in2015Delhi, India$151.12M21
Online platform offering point-of-sale financing
getsimpl.com2015Bengaluru, India$47.47M144
An online platform for purchase financing is provided by Simpl.
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Detailed similar companies of Salt Club

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Top companies in Alternative Lending

3 companies that operate in the same segment as Salt Club (Alternative Lending) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Financial services are provided, specializing in personal and business loans.
2016Mumbai, Maharashtra, IndiaUSD 320.39 MUSD 106.45 M2,161
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Frequently Asked Questions about Salt Club

Salt Club was founded in 2019.

Salt Club is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Salt Club has 75 employees.

Annual revenue of Salt Club is $4.59M as on Mar 31, 2023.

SALT was established in 2019 as a fintech entity based in Noida, India. Credit solutions are extended over mobile devices to address credit card acceptance issues and serve the unbanked. Installment payment options are enabled for purchases using UPI, net banking, credit cards, and other methods. An app-based interface is offered on iOS and Android platforms for user access.

Salt Club's top competitors include ZestMoney, axio and Simpl.

Salt Club is associated with 2 legal entities: Payme India Financial Services Private Limited, Huey Tech Limited.

The legal entities of Salt Club currently have 6 directors, including Manav Munjal, Pramod Kumar, Gaurav Dwivedi and others.

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