New Delhi: An overall of 51 owners of 28 Indian new-age start-up firms in the nation took home Rs 283.5 crore as a yearly income in FY24. According to the In c42 record, “The average salary of startup founders in India declined by 26.9 per cent on year-on-year (YoY) basis to Rs 5.55 crore in FY 24 from Rs 7.6 crore in FY23.”
These new-age start-ups are from throughout all fields. Among all these start-ups, Supam Maheshwari, creator of ecommerce start-up FirstCry, took home the highest possible income of Rs 103.8 crore in FY24. However, this has to do with 50 percent much less than the income of Rs 200.7 crore absorbed FY23.
FirstCry’s operating earnings in FY24 was Rs 6,480 crore and the business experienced a loss of Rs 321.5 crore throughout this duration. Zerodha owners Nikhil and Nithin Kamath were 2nd on this listing in FY24. Each of both bros took a yearly income of Rs 33.8 crore in the last fiscal year. In FY23, each took an income of Rs 48 crore.
Zerodha’s operating earnings in FY24 was Rs 9,372.1 crore and the business earned a profit of Rs 5,496.3 crore throughout this duration. Capillary Technologies creator Aneesh Reddy was 3rd on this listing. He took an income of Rs 13.3 crore in FY24. This is 1,480 percent greater than the income of Rs 84 lakh in FY23.
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Hotel software program business RateGain creator Bhanu Chopra obtained an income of Rs 5.8 crore in FY24 from Rs 6.1 crore in FY23. RateGain’s operating earnings expanded 69 percent to Rs 957 crore in FY24 and the business uploaded a revenue of Rs 146.3 crore throughout this duration.
Paytm, MD and CHIEF EXECUTIVE OFFICER Vijay Shekhar Sharma were 5th on the listing. He took a yearly income of Rs 4.4 crore in FY24, up 10 percent from the yearly income of Rs 4 crore absorbed FY23. Mamaearth CHIEF EXECUTIVE OFFICER Varun Alagh’s yearly income in FY24 was Rs 3.97 crore, up 166.9 percent from the yearly income of Rs 1.49 crore in FY23.
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.(* )the very same time, his other half and founder of the start-up obtained an income of
At 1.79 crore in FY24, which is 80.8 percent greater than Rs 99 lakh in FY23. Rs operating earnings in FY24 was Mamaearth’s 1,919.9 crore and the business earned a profit of Rs 110.5 crore throughout this duration.Rs