SalarySe Secures $5.2 Mn Seed Funding led by Surge Ventures

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SalarySe also passed a separate resolution to create an employee stock option pool (ESOP) and reserved 1,875 equity shares worth Rs 12.5 crore or $1.5 million.

About SalarySe

Co-founded by Saumeet Nanda, Mohit Gorisariya, and Piyush Bagaria, SalarySe is a salary powered fintech platform that is redefining the landscape of financial services in India for the 10 Crore salaried individuals earning $300bn+ per year. SalarySe provides revolving credit on UPI by integrating with payroll systems of companies and uses a lien on salary for repayments as a lever to reduce credit risk.