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
Replies (3)
More like this
Recommendations from Medial
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
See More
Ashish Singh
Finding my self 😶�... • 5m
🤯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
See More
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
See More
Download the medial app to read full posts, comements and news.