How Much Do Indian Unicorn Founders Earn?

Indian startups raised more than $6.4 billion in two financial years, according to Venture Intelligence’s data.

The average salary of the chief executive officers of Nifty 50 companies was Rs 23 crore in FY18.

(Photo Courtesy: BloombergQuint)

India now has 18 unicorns with eight more startups crossing $1 billion in valuation this year as investors continue to chase India’s consumer internet economy.

Indian startups raised more than $6.4 billion in two financial years 2016-17 and 2017-18, according to data provided by research firm Venture Intelligence. But what do their founders earn?

BloombergQuint’s analysis showed that PolicyBazaar’s Yashish Dahiya is the highest-paid founder of an Indian unicorn – his remuneration jumped 78 percent to Rs 4.56 crore in 2017-18.

To put that in perspective, the average salary of the chief executive officers of Nifty 50 companies was Rs 23 crore in FY18, according to data compiled by BloombergQuint. The salaries include other benefits and share-based pay wherever applicable.

Here’s what founders of India’s top 10 unicorns earn:

(This article was first published on BloombergQuint)