SalarySe Secures $11.3 Million in Funding Round

SalarySe, a fintech startup, has successfully raised $11.3 million in a recent funding round spearheaded by Flourish Ventures and SIG Venture Capital, with contributions from current investors Peak XV Partners and Pravega Ventures. Previously, in January last year, this Gurugram-based startup secured seed funding amounting to Rs 43.71 crore, roughly $5.2 million, led by Surge Ventures and other backers.

The newly acquired funds will be directed towards enhancing the technology infrastructure, speeding up product development, increasing user growth, and bolstering the team.

About SalarySe

Co-founded by Saumeet Nanda, Mohit Gorisariya, and Piyush Bagaria, SalarySe provides a versatile platform designed for salaried employees to effectively manage credit cards, salary advances, and loyalty rewards. The platform seamlessly integrates with employer payroll systems, offering users tools to monitor spending, access credit via UPI, and optimise financial rewards.

Competitors and Market Position

SalarySe faces competition from various platforms that offer salary advances, rewards tracking, and credit access, including Fibe, Refyne, Zolve, Navi, KreditBee, Fi, and OneCard.

Performance Metrics

As of September 2025, SalarySe reported an annual revenue run rate (ARR) of approximately $1.1 million. The platform oversees over 1 million credit cards and 400,000 loyalty programme accounts, with more than 100,000 users settling their credit card bills through the app.