GroovyJellybean
GroovyJellybean

Is Razorpay Worth Joining?

Hi, i have offer from Razorpay which offers me ESOPs and Fixed of INR 40 lacs. Wanted to understand its worth shifting from NCR to Bangalore with family as this CTC.

Also, would like to know about the ESOP growth projection in next 3-4 yrs and Employee benefits/culture.

I'm kind of guy who prefer only 5 days working.

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SquishyMochi
SquishyMochi

The company won't survive till you are able to encash esops, Also the additional fixed component isn't worth leaving your family, friends to go to a place where locals (kannadigas) are against you and traffic suxx away your life

SquishyMuffin
SquishyMuffin

Won't survive ??
It is a profitable unicorn and a major online payment aggregator . It can go ipo in next 3-4 years max . Currently in process to change domicile from USA to India . Esops are not just paper money here for sure .

  • razorpay employee
JumpyPenguin
JumpyPenguin

It depends on what you are looking for in the role.

Razorpay is not the same company what it use to be 3-years back, just check the glassdoor rating it use to be 4.4 couple of years back.

JazzyBurrito
JazzyBurrito

Razorpay employee here who moved to bangalore from ncr 2 years back

Company is doing good. It is run by people who are sensible and know the market well. They also believe in creating wealth for everyone

Esops are a little overvalued right now. So, effectively 40L is not it's worth that much. But once the company switches back to india, you can negotiate for more esops. They will grant you if your performance is good. If all goes well, you can make a substantial amount of money in the next 2-3 years which may not be possible elsewhere

Culture is not the same as 2-3 years back (I hear from older employees) but isn't it the case with all Indian startups ?

SqueakyQuokka
SqueakyQuokka

Hmm what makes you say that the company won't survive? It's a pretty big statement to casually throw on the forum.

ZippyMochi
ZippyMochi
Cred3mo

How much is fixed? BLR air is wayyyy less polluted than NCR.

If by family you include kids, it is a better environment for them for sure.

BouncyWaffle
BouncyWaffle

Company has a pune office. Go there. Bangalore is very expensive when you stay with family. Everyone will give you bullshit about weather and lawda but people majorly stay in office AC all the time. And traffic is OMG. Don’t come.

SwirlyHamster
SwirlyHamster

The company has a Gurgaon Office, try to see if you can negotiate there

SleepyWaffle
SleepyWaffle

Esops at this point of time as it's currently already valued high the delta uptake that you can make from it is very minimal so don't consider esops as a component to make the shift. The org is set on its growth trajectory and if you'd like to be a part of that success , then it's something to consider. Esops make sense when u get it best at series A. After series C it doesn't make that much of a reason to consider.

GoofyQuokka
GoofyQuokka

Esops are not worth current valuation is 7 billion which i feel is very high for the amount of profit that company makes and i dont think even in case of ipo that will be even 7 billion . Also company has not done buy back for 2-3 years .

But all things said just see if 40 lacs is enough ignore the esops if the do well consider that aa bonus .

SquishyMuffin
SquishyMuffin

Yoe ?

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