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GPM getting 1 Cr CTC at Cashfree?

I've heard that Cashfree payments is offering Rs. 1 Cr CTC to a group product manager with 8-10 YOE. Is is true? If yes, what does the real job scenario look like? Work pressure? Growth? Stability?

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EarthDragon

Stealth

a year ago

Engineering managers getting paid 1.5cr+ in Slice at similar YoE. So GPM at cash free 1 is believable
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HereWeGoAgain

Slice

a year ago

Ctc or base?
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Pro_gamer_move

Porter

a year ago

It’s insane if true
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MoSalah

Stealth

a year ago

Why insane?
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Pro_gamer_move

Porter

a year ago

Gpms at fk last I heard used to make about 70 cash. 1cr cash is high
See more comments
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Qwerty2398

Stealth

a year ago

1 cr is low. For cashfree the minimum should be atvleas 1.5cr..
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NearAndBeyond

Stealth

a year ago

How is that figure justified in terms of returns?
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Qwerty2398

Stealth

a year ago

What returns?.. its a greed grab. If founders can rise money promising moon. .. they can throw some for the GPM too.. anyways its not like the founder is spending hard-earned money. Its Money fleèced from greedy investors.. who probably rised from HNI's benefiting from exchnage rates..
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Axiomatic

Stealth

a year ago

There’s probably a huge esop component to it. I’ve heard cred pays 1cr+ packages of which like 60-70 L is esop
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NearAndBeyond

Stealth

a year ago

Considering ESOP value as a part of annual CTC is not a good idea IMO
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DiwaliBonus

Zomato

a year ago

My flatmate at CRED has 42L base at <3yoe. Cred can pay whatever you can ask for.
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ElonTusk

Startup

a year ago

Why is this shocking to you?
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NearAndBeyond

Stealth

a year ago

Faced challenges while hiring. I'm not able to understand the economics of such salaries.
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Xvz

Cred

a year ago

GPM are very less in number right.. How many are you trying to hire
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Biskoot99

Stealth

a year ago

Cashfree is strapped for cash, RUN
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Elix

Stealth

a year ago

Run away - they are at risk of shutting down
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AmusedPM

Flipkart

a year ago

Weren’t there rumours around cashfree being up for sale ??
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PitifulSonata

Cashfree Payments

a month ago

It's not true.
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