I worked in an Indian startup closely with CXO for last few years.
They are pathetic in any way possible. Tech is limited to crud, that too doesn't work. The pay amongst their inner circle is in no way justifiable. For reference, I know people getting US pay remotely and that too doesn't come close to some of them.
They hired a guy from a service based company with completely different tech stack and no product experience for 60lpa+ (I know this number because he drunk boasted about this once) as VP just because he was acquaintance. Now, this guy lacked basic human decency and tech skills. He didn't know things as basic as how to use git cli or how to talk to people. Every non-tech person that ever had to work with him called it quit. Even 4-5 year old employees (juniors being exploited mostly) that were there from inspection. He would ruthlessly "harass" them for his own shortcomings.
The head of sales gets paid more than what their profit after margin is.
They just keep on raising based on their IIT/IIM creds and connections and there's no business or problem that they are solving. Even the contracts they seem to winning is rather by pulling the strings, because the product or tech doesn't solve or do anything. Yet they're able to raise more again and again.
It kinda kills me and fills me with so much rage that there are so many of them similar ones out there. I could go on and on about all the things that I had to see working here for years.
