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EarlySalary

EarlySalary?uq=oeHSfu7P
2015 FOUNDED
PRIVATE STATUS
Series B LATEST DEAL TYPE
$15.7M LATEST DEAL AMOUNT
4 INVESTORS
Description

Provider of a micro unsecured loan intended to change the lending market in India by introducing ultra short-term loans. The company's unsecured lending platform offers small bridge loan given till the next salary credit, it provides a small loan to tide over the short difficult period towards the end of the month when young individuals are broke.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Primary Office
  • E104, Mystique Moods
  • Near Dorabjee's, Viman Nagar
  • Pune, 411014
  • India
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EarlySalary Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC (Series B) 04-Jan-2018 $15.7M 0000 Completed Generating Revenue
3. Debt - General 07-Sep-2017 00000 00.000 Completed Generating Revenue
2. Early Stage VC (Series A) 10-May-2017 $4M $5.5M Completed Generating Revenue
1. Seed Round 25-Nov-2015 $1.5M $1.5M Completed Product Development
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EarlySalary Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 22-May-2018 000000000000000000 Financial Software 000000 00000000
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EarlySalary Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Eight Roads Ventures Venture Capital Minority 000 0000 000000 0
Dewan Housing Finance Corporation PE-Backed Company Minority 000 0000 000000 0
IDG Ventures India Venture Capital Minority 000 0000 000000 0
Ashok Agarwal Angel (individual) Minority 000 0000 000000 0

EarlySalary Executive Team (5)

Name Title Board
Seat
Contact
Info
Akshay Mehrotra Co-Founder, Chief Executive Officer & Board Member
Ashish Goyal Co-Founder, Chief Financial Officer & Board Member
Vivek Jain Chief Technology Officer
Suraj Mundada Chief Architect
Vimal Saboo Chief Business Officer

EarlySalary Board Members (6)

Name Representing Role Since Contact
Info
Akshay Mehrotra EarlySalary Co-Founder, Chief Executive Officer & Board Member 000 0000
Ashish Goyal EarlySalary Co-Founder, Chief Financial Officer & Board Member 000 0000
Dhyanesh Shah Eight Roads Ventures Board Member 000 0000
Hemant Kaul EarlySalary Board Member 000 0000
Karthik Prabhakar IDG Ventures India Board Member 000 0000
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