Back

K

Ph • 10m

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 replies9 likes
1
Replies (3)

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

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.

See More
8 replies11 likes
1
Anonymous
Image Description
Image Description

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
12 replies13 likes
1

Ashish Singh

Finding my self 😶‍�... • 2m

🤯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
0 replies12 likes
2

K

Ph • 10m

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

0 replies7 likes
Anonymous

🤯 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

See More
0 replies8 likes
Image Description

Karan

It's Never Too Late • 1m

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 replies8 likes
Anonymous

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

See More
0 replies9 likes
Image Description
Image Description

Mahendra Lochhab

Content creator • 5m

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.

6 replies9 likes

Wigglecart

One-Step Solutions o... • 3d

Need a Telesales (male/female) in Delhi, Gurgaon for job. Education - 12th pass or above experience - fresher & experienced both salary - 10,000 - 13,000 + Incentive DM for more Details.

0 replies2 likes
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 2m

Roadside momos stall makes more than a corporate employee? 😧 I) Average corporate employee salary: Assuming Rs 30K/- starting in a Tier 2 city. II)Momos stall owner revenue: Plates sold in a day - 100 Average price per plate - Rs 60 Daily reven

See More
22 replies34 likes
14

Download the medial app to read full posts, comements and news.