Fintech startup SalarySe has secured $11.3 million in a new funding round led by Flourish Ventures and SIG Venture Capital, with continued participation from existing backers Peak XV Partners and Pravega Ventures.
This latest infusion follows SalarySe’s $5.2 million (Rs 43.71 crore) seed round raised in January 2024, led by Surge Ventures and others. The funds will be used to strengthen the company’s technology infrastructure, accelerate product development, scale user acquisition, and expand its team to support rapid growth.
Founded by Saumeet Nanda, Mohit Gorisariya, and Piyush Bagaria, SalarySe enables salaried professionals to better manage their finances through a unified platform that integrates credit card management, salary advances, and loyalty rewards tracking. The app syncs directly with employer payroll systems, offering users insights into spending habits, access to credit-on-UPI, and tools to optimize financial rewards.
The Gurugram-based startup currently manages over 1 million credit cards and 400,000 loyalty accounts, with more than 100,000 users using the platform to pay their credit card bills. As of September 2025, SalarySe reported an annual revenue run rate (ARR) of approximately $1.1 million.
Positioning itself in India’s fast-growing salary-linked fintech ecosystem, SalarySe competes with players such as Fibe, Refyne, Navi, KreditBee, Fi, Zolve, and OneCard. However, its payroll integration and all-in-one financial management approach set it apart in a market where employee financial wellness is becoming a key HR and fintech trend.
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