SalarySe raises $11.3M to redefine credit access for India’s workforce. Led by Flourish Ventures and SIG Venture Capital, with support from Peak XV Partners and Pravega Ventures, the funding will fuel AI-led innovation, enterprise expansion, and smarter financial solutions for salaried professionals.
We’re thrilled to share some incredible news - SalarySe has raised $11.3 million in our latest funding round, led by Flourish Ventures and SIG Venture Capital, with continued support from our existing investors Peak XV Partners and Pravega Ventures.
This milestone marks more than just a funding round - it’s a renewed vote of confidence in our mission to make credit simpler, smarter, and more inclusive for every salaried Indian.
At SalarySe, we’ve always believed that financial access should move at the same speed as your salary. From advance salaries to UPI-linked credit cards, our goal is to build products that seamlessly integrate into the lives of India’s working professionals - helping them manage liquidity, spend responsibly, and grow financially.
Today, we’re proud to serve over 100 enterprise clients across IT, healthcare, and financial services sectors, reaching a base of 1.5 million employees. With this fresh capital, we aim to expand our enterprise partnerships tenfold, targeting 1,000+ companies and 20 million+ employees over the next two years.
The newly raised funds will be channelled into three core areas:
As we move forward, our focus remains unwavering: to build financial products that are transparent, trustworthy, and truly useful for India’s salaried workforce.
We’re deeply grateful to our investors who share our long-term vision.
“SalarySe is addressing a critical gap by linking financial products such as Credit on UPI directly to income, ensuring that salaried employees have access to timely, fair, and responsible credit,” said Ravi Kaushik, Executive Director and Head of Asia Investments at Flourish Ventures.
“We believe the platform’s approach addresses immediate cash flow needs while laying the foundation for long-term financial well-being. This alignment makes SalarySe a unique player in India’s financial ecosystem.”
When we started SalarySe in 2023, we set out with a simple mission - to build a financial ecosystem made for salaried Indians. Today, that mission is stronger than ever.
This round is not just capital; it’s fuel for our next chapter. It will help us scale faster, innovate deeper, and reach millions more who deserve better access to fair, responsible credit.
We’re incredibly thankful to our investors, partners, and the SalarySe team who have believed in our vision and made this possible. Together, we’re building the future of credit on UPI. For India, and from India.
Founded in 2023 by Piyush Bagaria, Saumeet Nanda, and Mohit Gorisariya, SalarySe is a Gurugram-based fintech platform offering financial products for salaried professionals, including advance salary, credit-on-UPI, and smart credit cards. Partnering with leading banks like HDFC Bank and RBL Bank, SalarySe aims to bridge the gap between income and access, empowering India’s workforce with responsible, technology-driven credit solutions.
We’re building India’s next financial infrastructure - one that understands the salaried Indian. Whether you’re an employee looking for smarter ways to manage your money, or a company striving to enhance employee financial well-being - the journey starts here.
Download the SalarySe App today to experience smarter, simpler, and more rewarding financial living.
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SalarySe raises $11.3M to redefine credit access for India’s workforce. Led by Flourish Ventures and SIG Venture Capital, with support from Peak XV Partners and Pravega Ventures, the funding will fuel AI-led innovation, enterprise expansion, and smarter financial solutions for salaried professionals.
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