When was Salt founded?

Salt was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Salt located?

Salt is headquartered in Bengaluru, India. It is registered at 512/10, Service Lane, Outer Ring Road, Dhaaruni residency, Mahadevapura, Bangalore, BANGALORE, Karnataka, India, 560048.

Which legal entities is Salt associated with?

Salt is associated with POZIOM VENTURES PRIVATE LIMITED and 1 other.

How many employees does Salt have?

As of Aug 31, 2026, the latest employee count at Salt is 54.

Is Salt a funded company?

Salt is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 11, 2021.

When was the latest funding round of Salt?

Salt's latest funding was a $***** Seed round on Mar 2022, with participation from 1 investor. Its primary sector is Payments. In India, the Payments sector has seen $809M in funding in 2026 to date.

What is the annual revenue of Salt?

Annual revenue of Salt is less than ₹10 Cr as on Mar 31, 2025

Where does Salt rank among its competitors?

Salt ranks 67th amongst 560 active competitors, of which 93 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Airwallex, which secured $320M in Jun, 2026.

Who are the top competitors of Salt?

Salt's top competitors include Payoneer, Airwallex and Ebury. Among them, Airwallex secured the most recent funding round in June, 2026.

Salt - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of international payments solutions for businesses. It provides tools for businesses to manage currency accounts, payments, collections, and expenses. It also provides solutions for multiple business accounts, finance reports, virtual and physical corporate cards, and more.

Website: www.salt.pe/
Social
Email ID: *****@salt.pe, *****@salt.pe
Registered Address: 512/10, Service Lane, Outer Ring Road, Dhaaruni residency, Mahadevapura, Bangalore, BANGALORE, Karnataka, India, 560048

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Seed

Total Funding

$1M in 2 rounds

Latest Funding Round

Seed, Mar 2022, $*****

Investors

Y Combinator & 17 more

Ranked

67^th among 560 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

54 as on Aug 31, 2026

Similar Companies

Airwallex & 380 more

View Salt's full profile

Salt is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
POZIOM INC. CIN: 3278380 , United States, Active	Jul 20, 2020	-	-	-
POZIOM VENTURES PRIVATE LIMITED CIN: U72100KA2020PTC131555 , India, Active	Jan 13, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-

Salt has raised a total funding of $1M over 2 rounds. Its first funding round was on Oct 11, 2021. Its latest funding round was a Seed round on Mar 2022 for $*****. 1 investor participated in its latest round. Salt has 15 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Salt:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 2022	4240134	Seed	2518485	1231466	7086534	7699380
Oct 11, 2021	5293679	Seed	5228459	1982216	Prashant Pansare & 2 more	Eagle10 Ventures & 9 more

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View details of Salt's funding rounds and investors

The founders of Salt are Ankit Parasher and Udita Pal.

Here are the details of Salt's key team members:

Ankit Parasher: Co-Founder & Director of Salt and founder of 2 other companies, DoDukaan and LetsTransport. They are also an angel investor in 3 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Udita Pal: Co-Founder & Director of Salt. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Salt's Board of Directors

Salt's board has 2 active members. Ankit Parasher and Udita Pal are part of team.

Here is the list of Salt's board of directors:

Name	Type	Representing	Status	Duration
Ankit Parasher	Team	-	Current	6y 7m
Udita Pal	Team	-	Current	6y 8m

View details of Salt's Founder profiles and Board Members

Salt's employee count trend

Salt has 54 employees as of Aug 26. Here is Salt's employee count trend over the years:

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Top competitors of Salt include Payoneer, Airwallex and Ebury. Here is the list of Top 10 competitors of Salt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Payoneer 2005, New York City (United States), Acquired	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 24 others	84/100
2nd	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
3rd	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
4th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	74/100
5th	XTransfer 2017, Shanghai (China), Series D	Provider of cross-border trade payment platform for global businesses	$168M	lhcp.com, D1 Capital Partners & 12 others	73/100
6th	TazaPay 2020, Singapore (Singapore), Acquired	Provider of cross-border payment solutions for businesses to collect, hold, and pay seamlessly across the globe	$57.9M	Peak XV Partners, January Capital & 18 others	71/100
7th	Skydo 2022, Bengaluru (India), Series A	Digital platform enabling businesses to receive payments from overseas businesses	$20M	Elevation Capital, SIG Venture Capital & 5 others	69/100
8th	Xflow 2021, Bengaluru (India), Series A	Provider of infrastructure for processing and managing cross border payments	$32.8M	General Catalyst, Lightspeed & 10 others	68/100
9th	Paystack 2015, Lagos (Nigeria), Acquired	Payment processing solutions for businesses	$11.7M	Singularity Investments, Stripe & 30 others	67/100
10th	InstaReM 2014, Singapore (Singapore), Series C	Cross-border money transfers for businesses and individuals	$5M	Vertex Ventures, MDI Ventures & 4 others	66/100
67th	Salt 2019, Bengaluru (India), Seed	Provider of international payments solutions for businesses	$1M	WorldQuant Ventures, Astir Ventures & 16 others	43/100