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SquishyPretzel
SquishyPretzel
Stealth

Can someone give me a sense of salary for Principal at a leading VC fund based in Mumbai? Just for ref - 15+ years of experience.

15mo ago
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PerkyBanana
PerkyBanana
Stealth15mo

Also, curious. How much does a MD at a VC make?

QuirkyNugget
QuirkyNugget
Stealth15mo

2 cr for smaller firms to >4 cr at big ones

SnoozyWalrus
SnoozyWalrus
Uber15mo

That must be excluding carry right? Seems low

SwirlyNoodle
SwirlyNoodle
Stealth15mo

Around 1.5 cr., i guess

GigglySushi
GigglySushi
Stealth15mo

Base salary only, right? Or avg Bonus is included ?

MagicalTaco
MagicalTaco
ITC15mo

Your years of experience & last drawn comp have no value tbh. Any VC can pay a share of their management fees (2% of active capital under management); so even if you join with 15 YoE as a principal of a 50M usd fund, they wouldn’t be able to pay you more than 45-50L since they need to manage ALL of their yearly expenses from the 2% fees

FluffyQuokka
FluffyQuokka
Stealth15mo

Any idea about firms like InfoEdge?

DizzyHamster
DizzyHamster
Stealth15mo

Infoedge and VC? Sorry this is new for me

SquishyPretzel
SquishyPretzel
Stealth15mo

Thanks for the responses folks! Can't see @twindurian47s response though...it's showing in the notification section only 🤔

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