About Salt
Salt is a company based in Bengaluru (India) founded in 2019 by Udita Pal and Ankit Parasher. It operates as a FinTech. Salt has raised $625 thousand across 2 funding rounds from investors including Cloudnine, Bizongo and IIMjobs. Salt offers products and services including Live Inward Remittance and Table Salt: FDI. Salt operates in a competitive market with competitors including Skydo, PingPong, InstaReM, XFlow and PayGlocal, among others.
- Headquarter Bengaluru, India
- Founders Udita Pal, Ankit Parasher
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Poziom Ventures Pvt. Ltd.
- Date of Incorporation 13 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$338 K (USD)104.21as on Mar 31, 2023
-
Net Profit
-$46.42 K (USD)-303.37as on Mar 31, 2023
-
EBITDA
-$32.29 K (USD)-224.82as on Mar 31, 2023
-
Total Equity Funding
$625 K (USD)
in 2 rounds
-
Latest Funding Round
$125 K (USD), Seed
Jun 01, 2022
-
Investors
Cloudnine
& 14 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Salt
Salt offers a comprehensive portfolio of products and services, including Live Inward Remittance and Table Salt: FDI.
Foreign payments are received within 24 hours efficiently.
Legal and finance processes for startup fundraising simplified.
People of Salt
Unlock access to complete
Funding Insights of Salt
Salt has successfully raised a total of $625K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in June 2022. 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 Salt
Salt has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cloudnine, Bizongo and IIMjobs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startups are accelerated via funding and educational programs.
|
Locked | Locked | Locked | |
|
Early-stage investment in technology-driven startups in India, focusing on teams, customers, and growth.
|
Locked | Locked | Locked | |
|
Startup investments, portfolio management, and digital growth services.
|
Locked | Locked | Locked |
Investor details for Salt
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Salt
Investment portfolio details for Salt
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Salt
Detailed financials for Salt
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Salt Comparisons
Peer comparison for Salt
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Salt
Salt 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 Skydo, PingPong, InstaReM, XFlow and PayGlocal, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
International payments are enabled for businesses through a digital platform.
|
|
| Locked | Locked | Locked |
Cross-border business payments are managed via an online platform.
|
|
| Locked | Locked | Locked |
Cross-border money transfers are facilitated for individuals and businesses.
|
|
| Locked | Locked | Locked |
Cross-border payment solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
Multi-currency accounts and payment solutions are offered for global businesses.
|
|
| Locked | Locked | Locked |
Financial technology and payment processing solutions are provided by Equiniti.
|
Detailed competitors of Salt
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Salt
Complete news archive for Salt
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Salt
Salt was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Salt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Salt is a funded company, having raised a total of $625K across 2 funding rounds to date.
Annual revenue of Salt is $338K as on Mar 31, 2023.
Salt, a fintech startup based in Bengaluru, India, is dedicated to simplifying international payments and associated legal compliances for businesses. Services are provided to SMEs, startups, freelancers, and consultants, enabling them to thrive in global markets. Cross-border transactions are supported in multiple currencies including USD, GBP, and EUR. Solutions are tailored to address challenges in remittance timing and compliance costs, ensuring efficiency and affordability for clients across various sectors.
Salt offers Live Inward Remittance and Table Salt: FDI.
Salt has 15 investors. Key investors include Cloudnine, Bizongo, IIMjobs, Orange health, and LetsTransport.