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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

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