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Startup founders' average salary drops 25% in India for FY24
short by / on Tuesday, 29 April, 2025
Startup founders in India saw a 25.4% drop in average salaries in FY24, falling to ₹5.44 crore. FirstCry’s Supam Maheshwari led with ₹103.8 crore (down 50%). Zerodha’s Nithin and Nikhil Kamath followed, earning ₹33.5 crore and ₹33.9 crore, respectively. The decline reflects broader cost-cutting amid a severe funding winter and reduced investor confidence.
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