CosmicTaco
CosmicTaco

Tracking Founder Salaries Amid Funding Crunch

  • Amidst a prolonged funding winter, Indian startup ecosystem saw significant salary reductions for founders in FY24.
  • Supam Maheshwari of FirstCry topped the list with INR 103.8 Cr, despite a 50% pay cut from the previous year.
  • Overall, 54 founders from 30 tech startups earned a cumulative INR 291.5 Cr, with the average salary dropping by 25.4% compared to FY23.

Source: Inc42

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6mo ago
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Office Gossip
by ZoomyMuffinAmazon

2023 is a year of virtually no salary increments

Folks, I wanted to make a prediction that most of us pretty much know already

2023 our salaries haven’t grown at all. Across my group of friends at work and college, the average amount of increment I heard is close to 5%

Top comments
user

Only for landlords, it has been an year of insane increments πŸ₯²

user

This is the year I got 80% hike, by rolling a risky dice