🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

K

Ph • 1y

On average, male founders earned eight times their female peers in FY23, according to a PrivateCircle research on 114 Indian unicorns. The report also showed that male founders took home a median of Rs 1.8 crore, while their female counterparts earned just Rs 1 crore. This gap extends beyond salaries, with a shocking 57 unicorns having zero women on their boards WHERE THE MONEY FLOWS Founders of media and entertainment unicorns were the highest paid in FY23, with a median salary of Rs 3.5 crore. This is followed by logistics unicorns at Rs 1.9 crore and edtech firms at Rs 1.6 crore. Meanwhile, Supam Maheshwari, CEO of FirstCry, earned the highest remuneration in FY23 at Rs 200.7 crore. This hefty sum also single-handedly inflated Pune's average founder salary to a staggering Rs 20 crore

3 Replies

Replies (3)

Anonymous 2

Hey I am on Medial • 1y

Ah, yes women earn less than men without proper stats, do you know how annoying it is as a college student most of the scholorships: Female, A lot of Internships: Female, Hackathons:1 female required. Like was caste system not enough. I don't have money either, what sin did I comit as a General Caste Hindu Male.

Rohan Saha
•

YouTube • 1y

"0 women on boards" Wow Vaise Me vi apne company me women's ko hire hi nahi karta men's only....

Anonymous 1

Hey I am on Medial • 1y

Because they are better.

Recommendations from Medial

Anonymous

Hey I am on Medial • 1y

MUST READ Unicorn startups displayed a vast gender pay gap in their founder salaries with on average female founders taking home Rs 1.1 crore against Rs 8.5 crore given to their male counterparts, according to a report by PrivateCircle Research.

8 Replies

Anonymous

Hey I am on Medial • 1y

Slice CEO Rajan Bajaj received just Rs 12 in salary as losses grew nearly 60% in FY23: Report • Rajan Bajaj, the founder and CEO of fintech unicorn Slice, received a salary of just Rs 12 in FY23. • In contrast, FirstCry CEO Supam Maheshwari receive

12 Replies

Ashish Singh

Finding my self 😶‍�... • 6m

🤯Founders with Highest salary in India. --⭐Supam Maheshwari (FirstCry) received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23. --⭐Nithin Kamath (Zerodha) Co-founder of the broker

K

Ph • 1y

today’s newsletter: Google adds Flipkart to cart Male unicorn founders earned 8X more than female founders Rural growth may ease e-comm war, says Mamaearth CEO

Anonymous

Hey I am on Medial • 1y

🤯 ITC 🔥 ITC paid over Rs 1 crore annual salary to 350 employees in the financial year 2023-24 (FY24), the company said in its annual report. This is 68 more employees than the 282 employees who received over Rs 1 crore salary in the financial ye

Karan

It's Never Too Late • 4m

Rs 1 Salary! Meet India's richest IAS officer with a net worth of Rs 8.90 crore, takes only Rs 1 as salary.

3 Replies

Anonymous

Hey I am on Medial • 1y

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

Vivek Joshi

Director & CEO @ Exc... • 1m

Women Entrepreneurs: Outperforming Despite Funding Gaps Women face significant funding disparities. Globally, women's startup rose from 6.1% (2001) to 10.4% (2023). In India, ~73,151 startups have at least one woman director. However, only 14.1% of t

Piyu

....... • 2m

🚨🔥 In FY24, - Zara India made Rs 2769 crore - Westside made Rs 4950 crore - Zudio made Rs 7000 crore Zara's AOV: Rs 4k to 4.5k Westside's AOV: Rs 1.5k to 2k Zudio's AOV: Rs 500 to 1k AOV ( AVERAGE ORDER VALUE)

Mahendra Lochhab

Content creator • 8m

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.