# SalaryBook **Source:** https://geo.sig.ai/brands/salarybook **Vertical:** HR Tech **Subcategory:** HR Software **Tier:** Emerging **Website:** salarybook.in **Last Updated:** 2026-04-14 ## Summary Bengaluru mobile-first HR and payroll for India's 60M SMEs with selfie attendance and GPS tracking; YC-backed $125K with ₹1.46Cr revenue competing with Keka and Kredily for Indian small business HR digitization. ## Company Overview SalaryBook is a Bengaluru-based mobile-first HR management platform designed specifically for India's 60 million small and medium enterprises (SMEs) — providing payroll processing, attendance tracking with selfie and GPS location verification, expense management, and employee records management optimized for SMB owners who manage blue-collar and mixed workforces from a mobile phone rather than a desktop HR system. Founded in 2020 and backed by Y Combinator with $125,000 raised, SalaryBook generated ₹1.46 crore ($175,000) in annual revenue as of March 2024 serving Indian SMEs that have historically managed payroll through manual registers or informal practices. SalaryBook's mobile-first architecture reflects the realities of Indian SME operations: most Indian small business owners — shop owners, small manufacturers, construction contractors, hospitality businesses — manage their workforce from a mobile phone, not a computer. SalaryBook's attendance capture uses selfie-based verification (face recognition confirms the employee's identity) and location check-in (GPS confirms the employee is at the work site) to prevent buddy punching and remote attendance fraud — common problems in distributed blue-collar workforces. The payroll engine calculates wages from attendance data, handles advance salary deductions, and generates salary slips that employees can share with banks for loan applications or financial verification. In 2025, SalaryBook competes in the Indian SME HR technology market with Keka (HR SaaS for Indian companies, $57M raised), Kredily (free HR software for SMBs), and traditional payroll tools (Tally) for small business HR digitization. India's GST and PF (provident fund) compliance requirements create regulatory pressure on SMBs to maintain payroll records — SalaryBook's compliance documentation features (PF deduction calculations, Form 16 generation) provide regulatory value beyond operational convenience. Y Combinator's backing provides access to startup ecosystem investors for growth capital. The 2025 strategy focuses on growing via partnerships with small business lending platforms (OkCredit, Khatabook) that provide SalaryBook with the SME customer base already digitized for accounting, and building the employee financial services layer (salary advances, micro-insurance) that monetizes the SME workforce data. ## Frequently Asked Questions ### What is SalaryBook? SalaryBook is a mobile-first HR management platform founded in 2020 by Ankita Sharma and Apoorva Sharma, based in Bengaluru, India. It provides payroll processing, employee attendance tracking, and expense management solutions designed specifically for Indian small and medium enterprises (SMEs). ### What products and services does SalaryBook offer? SalaryBook offers a mobile HR platform with payroll processing, attendance tracking with selfie and location-based verification, expense management, and payroll automation. These solutions help businesses digitize their employee operations through mobile-first technology. ### Who is SalaryBook designed for? SalaryBook is designed for the 60 million small and medium enterprises (SMEs) in India. It serves Indian businesses seeking affordable, mobile-first HR management tools to digitize their employee operations. ### When was SalaryBook founded? SalaryBook was founded in 2020 by Ankita Sharma and Apoorva Sharma. ### Where is SalaryBook located? SalaryBook is based in Bengaluru, India. ### How much funding has SalaryBook raised? SalaryBook raised $125K in total funding in September 2021 from Y Combinator and 5 other investors. ### What is SalaryBook's revenue and team size? As of March 2024, SalaryBook achieved ₹1.46 Crore ($175K) in annual revenue. The company operates with 11-50 employees as of July 2024. ### What makes SalaryBook's attendance tracking unique? SalaryBook uses selfie and location-based verification for employee attendance tracking. This mobile-first approach helps businesses ensure accurate attendance marking with photo and GPS verification. ### Is SalaryBook backed by Y Combinator? Yes, SalaryBook is a Y Combinator-backed company and received funding from Y Combinator along with 5 other investors in September 2021. ### What is SalaryBook's target market size? SalaryBook targets the 60 million small and medium enterprises (SMEs) in India that need affordable HR management solutions. ## Tags b2b, saas, hr-tech, asia-pacific, smb --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*