What is the salary of startup founders in India?

Upasana Taku and Bipin Preet Singh, co-founders of Mobikwik — Salary for FY21: ₹1.4 crore. Upasana Taku and Bipin Preet Singh both received a remuneration of ₹1.4 crore and a variable pay of ₹35 lakh each in the year ending March 2021, taking the total to ₹1.75 crore.

What is the average salary of a CEO in a startup?

Last year, we analyzed data from 125 startups to find that the average 2018 salary for a startup CEO was $130,000. This year, we expanded the data to over 200 of our seed and venture-backed clients and found that in 2019, CEO salaries rose to an average of $142,000 annually, nearly a 10\% increase.

How are founders paid?

The question of how much startup founders should pay themselves has long been up for debate. Here’s what the average founder earns. “If they go on to receive angel investment [they] can pay themselves about $50,000 per year. With venture capital funding, this tends to increase to about US$100,000 per year.”

What is myntra CEO salary?

At Myntra, the most compensated executive makes $700,000, annually, and the lowest compensated makes $57,000.

Do startups pay their founders?

Yes, in the US tech startups that have raised money tend to pay their founder CEOs about $130,000 per year.

Who is Flipkart CEO salary?

CEO/MD/Director salary in Flipkart ranges between ₹ 360 Lakhs to ₹ 460 Lakhs.

How much do Indian startups pay their founders?

On average, Indian startups with $10k- $100k in monthly revenues paid their founders the most at $41,667. A majority of founders (61\%) were aged between 21-30. First-time founders took home more salary as compared to startup founders who have been in the top five teams of more than two startups.

Do founders of funded startups pay themselves?

You may start taking a salary when your business raises enough capital. Founders of funded startups may start to pay themselves provided that they are on the payroll. However, you cannot expect it to be at par with the market standards. Remember that every dollar you receive could have been used for your company’s growth.

How much do you Pay Yourself as a startup CEO?

Everyone is in different circumstances, has opinions on lifestyle and sense of responsibility. Ideally, you pay yourself a token amount of a $1 like big-name CEOs do, but you’re unlikely to have a tonne of cash under the mattress to be able to afford that (and let’s face it they are getting a gazillion $ in stock-based compensation.

How to increase the salary of your startup employees?

As your startup starts growing and generating revenue, you may start increasing your salary or decide on bonuses and perquisites for yourself. The best way is to tie your remuneration to achievable growth milestones and work accordingly. Keep in mind that these rewards are essential to incentivise you and keep you focused.