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Cross-border payments startup for businesses SALT raised $500,000 in Pre-Seed

India’s first cross-border payments platform SALT for businesses raised $500,000 in pre-seed led by investors like Prashant Pansare (Founder Backer Capital, Airmeet), Amit Goel (ex-MEDICI), Vishrut Bubna (Verak, previously, BimaPe), Supermorpheus & Founders of various startups like IIMJOBS, Cashoverflow, Orange Health, Cloudnine Hospitals, Bizongo, Loconav, Yellow Hospitality, Praxify, Letstransport & NetNet.

SALT aims to empower the Indian SMBs and MSMEs by simplifying their banking operations and have more efficient global transactions, and workflow automation solutions to small-size exporters and importers who are actively dealing with international transactions.

"With Salt, we aim to build a bridge between banking and small businesses for the import/ export industry in India by providing a one-stop solution for all their banking needs to support their interactional transactions which currently stands worth $300bn on a PAN india basis" Ankit Parasher, Co-founder and CEO of SALT said

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