SalarySe Raises $11.3 Million to Boost Fintech Platform for Salaried Users
- Secures $11.3 million funding led by Flourish Ventures and SIG Venture Capital
- To strengthen tech infrastructure, expand products, and grow user base
- Offers salary-linked tools for credit access, spending, and rewards management
Fintech startup SalarySe has raised $11.3 million in its latest funding round led by Flourish Ventures and SIG Venture Capital, with participation from Peak XV Partners and Pravega Ventures. This marks the Gurugram-based company’s latest funding milestone after its $5.2 million seed round in January last year.
The fresh capital will be used to upgrade technology infrastructure, accelerate product development, expand the team, and scale user growth across India.
Founded by Saumeet Nanda, Mohit Gorisariya, and Piyush Bagaria, SalarySe provides a platform that integrates with employer payroll systems to help salaried professionals manage credit cards, salary advances, and loyalty rewards. Users can track spending, access credit-on-UPI, and optimise their financial rewards through the app.
As of September 2025, the platform reported an annual revenue run rate (ARR) of $1.1 million, managing over 1 million credit cards and 400,000 loyalty accounts. More than 100,000 users pay their credit card bills via SalarySe.
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SalarySe competes with several fintech players such as Fibe, Refyne, Zolve, Navi, KreditBee, Fi, and OneCard, all catering to India’s growing salaried workforce seeking better financial flexibility and rewards optimisation.
With this round, SalarySe aims to deepen its tech capabilities and cement its position in India’s fast-evolving salary-linked fintech ecosystem.
