PhonePe co-founders together drew ₹5cr pay in FY24, down from ₹7cr

PhonePe Co-founders Sameer Nigam and Rahul Chari together drew a salary of ₹5 crore in FY24, down from ₹7 crore in the previous fiscal. The salary is a small part of their compensation packages as the value of ESOP for FY24 was ₹226 crore. The value of ESOPs dropped 75% from ₹917 crore that the duo received in FY23.