Having known shashank and his capability for hard work, I can say that he deserves it :)

Analyst

Welcome to Personal Finance's Private Community

Hurun Rich List (1): Razorpay founders Harshil Mathur & Shashank Kumar are the youngest billionaires on the list at age 33

Product Manager

Hurun Rich List (1): Razorpay founders Harshil Mathur & Shashank Kumar are the youngest billionaires on the list at age 33- Grapevine

Welcome to Indian Startups's Private Community

👇🏽 who are some founders/leaders that you actually like and believe will be able to make great things happen. 

They don’t need to be famous.

🪡 Founders - who get it right?

Sriharsha from Swiggy. Doesn’t believe in personal pr, branding. Busy in building.

Growth Manager

Head Of Growth

Hurun Rich List (2): The average age of the list is 64. Looks like becoming a billionaire is a very long term game, as expected :)

I will go first: 
Supam Maheswari, 3 unicorns, 2 of them are profitable (FirstCry, Xpressbees) (Globalbees)

Kishore Biyani, founder BigBazaar

Who are the people in Indian Startup space you greatly regard to?

Software Developer

Started a company in 2023 and already valued at $1.1Bn 🚀
Company is called Zyber365. Never heard of it? Have a better GK.
Raised Series A from Sram & Mram Group of $100Mn. Sram & Mram is a Tier 0.5 investor. Remember 5ire? That random Web 3 company that had become a unicorn out of nowhere? Same investor.

The company currently has zero products to offer and claims to build a suite of products in the next three years. Long term thinking 💪🏻💪🏻💪🏻

Is this some kind of money laundering scheme? Smells like a scam!

Pearl Kapur has a net worth of $1.1 billion (approximately Rs 9,129 crore) and commands a majority share of the 90 per cent in Zyber 365, which he established in May 2023.

Who is Pearl Kapur, the 27-year-old who built company worth Rs 9,800 crore?

India's youngest billionaire: Pearl Kapur

Corporate Strategist

Welcome to Product Managers's Private Community

https://twitter.com/IT_Kabootar/status/1681476148650205185?t=wLsYUr91fosMp5P9zDSgOg&s=19

https://www.linkedin.com/posts/ashneer_hiring-at-third-unicorn-activity-7087737663780196353-pwQN?utm_source=share&utm_medium=member_android

Razorpay hiring and so is Ashneer

Generalist

Welcome to News Discussion's Private Community

Did anyone heard about 360 one wealth hiring india list 2023 . How can I get the list without paying.

Hurun India Rich List 2023: The list introduces 278 new entrants, amassing a total wealth of Rs 7,28,200 crore. Industries leading in new additions are Industrial Products with 33 individuals and Metals & Mining with 29.

Hurun India Rich List 2023: Ambani overtakes Adani, and zodiacs influence fortunes

One Wealth Hurun India Rich List 2023

Software Test - QA

Are Indian sharks (just like the US ones) bad examples or mid examples of what true entrepreneurship is?

Like the best line up would not be of people from 2000 doing a matrimony portal or a loss making Chinese whitelabelled headphone company or a company inherited from daddy?

Deepinder from Zomato, guy from Swiggy, Ritesh from Oyo, Kamath brothers, Vijay Shekhar Sharma, Bhavesh Agarwal these are few of the best we could have. I guess they are too busy doing important things.

Thoughts?

Thoughts on Indian sharks

Tech Lead

Shopflo laid off 28% of the team today - still don’t understand how this company exists and is hoping to make any money.

Having no idea what to do next, they’re desperate to travel to US now to try and capture market there - reminder that this is a market with Fast and Bolt, both massively funded, shut down completely 🤡

Shopflo layoffs

Investor

- The rise in market cap of companies like Zomato, Policybazaar, and MamaEarth has paved a promising path for Indian startups aiming to go public.
- Zomato co-founder Deepinder Goyal recently joined the billionaire club as his company's market cap crossed Rs 2,00,000 crore ($24 billion).
- Nykaa’s Falguni Nayar and her family hold over 50% of the company, with a collective worth of over $3.25 billion.
- Veteran entrepreneur Sanjeev Bikhchandani's shares via Info Edge are valued at $3.24 billion, making him a significant player.
- Despite challenges, founders like Paytm’s Vijay Shekhar Sharma and PolicyBazaar’s Alok Bansal continue to hold substantial stock values, highlighting the lucrative potential of Indian startups. 

 Source: Entrackr - tinyurl.com/2do9kuy3

Indian Startup Founders Reap Billion-Dollar Fortunes

Journalist

Welcome to Office Gossip's Private Community

Name some startups which are really good- solving tough problems for India, good workplace policy and perks, founders aren’t d, and have good policies to support employees building our startups (sabbatical policies, financial support etc)

Most loved Indian startups

Hey Viners, would like to know your prespective on the situation that if you face a bunch of incompetent colleagues who dont take their work seriously and the manager constantly asks you to maintain quality because of your seniority and you end up cleaning their work, how do you handle it ?

Few Incompetent colleagues

Create a toxic work environment for them that they leave themselves ☺️

Software Engineer

Started working in 2017 (Graduation: Tier 2 College)  in hand salary: 28K per Month. Worked for 2.5yrs, had big dreams, didn’t knew what to do, how do I 10x my salary, saw my manager 40yrs old earning 25LPA in the same company. Realised I don’t want to do this for the next 20yrs and the reach at 25LPA. Started preparing for UPSC (wanted to make it big) realised within 6 months, this is not my cup of tea, appeared for MBA entrance, cleared the exam joined Tier 1 MBA, post MBA: 25LPA + XX Esops in next two years at 1.2Cr CTC inc ESOPs. 

Before 2030 plan to achieve FIRE with 8Cr networth. By 2040 make it 100Cr and retire. Chill at beach with beer in hand and two other friends. 

What’s your story, do share those goldmine inspirational stories!!

Story of Middle Class guy from 3.5LPA CTC to 1.2Cr CTC (46Base + 72Esops) in 4 yrs

Are you considering 72L esops of razorpay as your own networth? 🤔🤔

Senior Product Manager

I want to understand if you are also satisfied with your compensation?

How much do you really earn? Honest Answers Please 🙏

2.4 lakhs/month. 
      
 Not a developer. 
 Not in Tier 1 city.  
 Not in FAANG or whatever it’s called now. 
 No loans or EMIs for now. 
  
 Married to my GF of six years. She earns 1.3 lakhs/month. 
  
 Guess, I could say I am extremely satisfied.

UX/UI Designer

Anupam Mittal was shocked to know that the founders of Nasher Miles take 5-7 lakhs per month per founder

Is that alot? What has been y'all experience?

Is 5-7L per month in hand alot?

Principal Software Engineer

Welcome to Software Engineers's Private Community

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. 
My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.

Later, the company did as low an appraisal as 2%.

Senior folks are leaving specifically Frontend Developers.

Salaries of a lot of SDE-2 are below 30 LPA.

They have started new positions called Product Developers which will do the same work as SDEs but with a lesser package. PD-1 salary is around 10-12 lakhs and of Lead PD is 20-22 lakhs.

The company is putting itself in a position where it wants people to leave on their own.

There are almost zero perks in the company. 
The team outing budget is a joke which is 2k INR per person per year. That is 500 rupees per person per quarter. 

Also making office mandatory from November.

Razorpay is too smart!

Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.

Grapevine team, we have had great AMAs before. Who's next? Can we suggest some?

Consultant

Heard from most people that there’s a lot of crunch. Wondering if anyone at their companies feels like their startup is growing despite the slowdown. 

Razorpay, CRED, and are seeing tighter regulations and downrounds. The food delivery companies have all gone through their down rounds and readjustment of expectations. Even SaaS most founders have a poor revenue/employee ratio and the india story is still yet to play out for the newer bets. 

Just yesterday Oslash announced it’s shutting down its app.

Any green shoots ☘️? And if there are maybe it’s a good thread for folks to try and hire.

Any Indian startups doing well currently ?

Link: https://inc42.com/buzz/unacademy-fires-another-250-employees-to-turn-profitable/

Unacademy fires 250 employees to 'turn profitable'

Pathetic. How many times these so called another layoff?  
 This is pure scam. Such kind of CEOs and CTOs have no right to be at such higher places. These id*ots come to media and give lectures also. There should be some laws in place for layoffs. These People wake up and do layoff. Some get funding and then do layoff and some vice versa. Some fire and then again post about hiring next month shamelessly. It's like a fashion for the. Layoff is no more a last resort these days.  
 These kind of companies will surely go down the drain.  
 CEOs and higher management should be made to disclose their salary and perks so that junior employees should also know how much salary difference is there and is there really a need for cost cutting.  
 Of not, we should atleast stop respecting/ideologise such people. If possible stop using/promoting their products as well. Treat them the way they treat employees.

Hurun Rich List (1): Razorpay founders Harshil Mathur & Shashank Kumar are the youngest billionaires on the list at age 33

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