Indian startup founders' salaries drop 25.4% to ₹5.44 cr in FY24

Indian startup founders' salaries drop 25.4% to ₹5.44 cr in FY24

In FY24, the median salary of 54 founders from 30 tech startups in India fell 25.4%, from ₹7.3 crore in FY23 to ₹5.44 crore. This decline reflects the broader struggles in the startup ecosystem, marked by a downturn in investments. Despite this, the startups collectively posted ₹73,715 crore in operating income.

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