Brand Intelligence Graph
Company Overview
About SalaryBox
SalaryBox is a Gurugram-based mobile-first HR and payroll platform for Indian SMBs — providing payroll processing, attendance tracking, leave management, statutory compliance (PF, ESI, TDS, professional tax), and employee self-service in a platform that navigates India's complex labor law requirements at a price point accessible to businesses with 10-500 employees. Described as "Gusto for India," SalaryBox raised $4.12 million from Y Combinator, GSF, and AME Cloud Ventures, achieved $8.5 million in revenue in 2024, and operates in a market where the majority of Indian SMBs still process payroll through Excel spreadsheets and chartered accountants.
Business Model & Competitive Advantage
SalaryBox's mobile-first approach addresses the Indian SMB reality: business owners and HR managers often work primarily from smartphones, not computers, and a mobile app that handles payroll and attendance from a phone is dramatically more practical than desktop HR software. The platform handles the critical India-specific compliance: mandatory Provident Fund (PF) contributions and filings, Employee State Insurance (ESI), TDS withholding and challan generation, Form 16 (annual salary certificate), and professional tax across different Indian states that each have their own rates and schedules.
Competitive Landscape 2025–2026
In 2025, SalaryBox competes in the Indian HR and payroll technology market with RazorpayX Payroll (Razorpay's payroll product), greytHR, Keka, Zoho Payroll, and Spine Technologies for Indian SMB HR and payroll software. The Indian SMB payroll market is enormous — 60 million+ SMBs employ the majority of India's workforce, and digital payroll adoption is still early-stage. The GST implementation (2017) and broader government digitization push have created compliance pressure that incentivizes SMBs to adopt formal payroll systems. The 2025 strategy focuses on deepening the compliance automation (particularly for the quarterly and annual statutory filings), growing through accountant/CA partnerships (who recommend tools to their SMB clients), and adding the employee loan and salary advance features that increase platform stickiness.
Recent Activity
View all →The Employees’ Provident Fund is the single largest retirement savings instrument for salaried workers in India. If you are an employer, HR professional, or payroll manager, understanding the PF contribution rate 2026 is not a nice-to-have skill. It is a compliance necessity. Getting EPF calculations wrong leads to EPFO notices, penalties with interest, and disgruntled […] The post PF Contribution Rate 2026: Employer & Employee Calculation, Rules & Exemptions appeared first on SalaryBox .
The Employees’ State Insurance scheme is one of the most important social security provisions for workers in India, yet it remains one of the most misunderstood. If you are an employer, payroll manager, or HR professional, understanding the ESI contribution rate 2026, the eligibility criteria, and the compliance requirements is not optional. It is a […] The post ESI Contribution Rate 2026: Eligibility, Calculation, Benefits & Compliance Checklist appeared first on SalaryBox .
Artificial intelligence is no longer a futuristic concept in Indian human resources. It is here, it is working, and it is fundamentally changing how businesses manage their people. From AI payroll software that processes salaries in minutes instead of days, to intelligent recruitment tools that screen thousands of resumes in seconds, AI in HR has […] The post AI in HR and Payroll 2026: How Artificial Intelligence is Transforming Employee Management in India appeared first on SalaryBox .
If you are an employer or HR professional in India, getting your leave policy right is not just about keeping employees happy. It is a legal obligation. Every state in India has its own set of rules governing the types of leave for employees, how much leave they are entitled to, and what happens when […] The post Employee Leave Policy in India 2026: Types, Rules, Compliance & Free Templates appeared first on SalaryBox .
If you are still processing payroll manually using Excel sheets, paper registers, or a patchwork of disconnected tools, you are wasting valuable time and putting your business at risk. Manual payroll processing is not just tedious, it is error-prone, compliance-risky, and completely unsustainable as your team grows. In 2026, with the four Labour Codes fully […] The post How to Automate Payroll Processing: Step-by-Step Guide for Indian Businesses appeared first on SalaryBox .
Understanding minimum wage in India 2026 is not optional for employers anymore. It is a legal requirement that carries real penalties if you get it wrong. Whether you run a small shop in Rajasthan, a tech startup in Bangalore, or a manufacturing unit in Maharashtra, you are legally bound to pay your employees at least […] The post Minimum Wage in India 2026: State-Wise List, Central Rules & Employer Compliance Guide appeared first on SalaryBox .
If you are running a business in India and still relying on paper registers or manual punch cards to track employee attendance, you are already behind the curve. The year 2026 has brought a wave of smarter workforce management solutions, and the two most popular options right now are biometric attendance systems and mobile attendance […] The post Biometric Attendance System vs Mobile Attendance App: Which is Better for Your Business in 2026? appeared first on SalaryBox .
A salary slip, also known as a payslip, is a monthly document issued by employers that details your earnings, deductions, and the final take-home amount. Understanding your salary slip meaning is crucial for every salaried employee in India. It helps you verify if your pay is accurate, track tax deductions, claim benefits like HRA exemption, […] The post Salary Slip Components Explained: Understanding Your Payslip in India (2026) appeared first on SalaryBox .
Professional Tax (PT) is a state-level tax levied on individuals earning income from salaries, professions, trades, or businesses under Article 276 of the Indian Constitution. The maximum annual limit remains ₹2,500 per person. It is not a central tax and applies only in states that have enacted relevant legislation. For FY 2026-27 (AY 2027-28), understanding […] The post Professional Tax Slab 2026-27: State-Wise Rates, Exemptions & Employer Obligations appeared first on SalaryBox .
Introduction Employee leave policy forms a cornerstone of workforce management in India, balancing employee well-being with employer compliance under evolving labour laws. With the implementation of the New Labour Codes in 2026, including the Occupational Safety, Health and Working Conditions (OSH) Code, businesses must align policies with uniform national standards while navigating state-specific rules. This […] The post Complete Guide to Employee Leave Policy in India 2026: Types, Rules, Templates & CTC to In-Hand Salary Calculator Impact Under New Labour Codes appeared first on SalaryBox .
Introduction Every year, lakhs of Indian employees receive offer letters with an attractive CTC (Cost to Company) figure, only to feel disappointed when the actual amount credited to their bank account—the in-hand salary—is much lower. In 2026, this gap has become even more critical due to the full implementation of the new Labour Codes in […] The post Complete 2026 Breakdown Guide for Indian Employees (New Labour Codes Impact) appeared first on SalaryBox .
In India’s fast-growing economy, field sales teams, service technicians, delivery personnel, and construction crews form the backbone of many businesses. Yet, traditional attendance methods create headaches: manual registers lead to time theft in field teams, fraudulent check-ins, and endless follow-ups. Managers often face a dilemma—how to ensure accountability for field employee tracking while avoiding a […] The post How to Track Field Employee Attendance Without Micromanaging: GPS, Geofencing & Best Practices appeared first on SalaryBox .
Key Differentiators
Emerging Innovator
SalaryBox is an emerging player bringing innovative solutions to the HR Tech market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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