CosmicTaco

Tracking Founder Salaries Amid Funding Crunch

CosmicTaco · 2025-02-06T11:10:17.095108+05:30

- Amidst a prolonged funding winter, Indian startup ecosystem saw significant salary reductions for founders in FY24. - Supam Maheshwari of FirstCry topped the list with INR 103.8 Cr, despite a 50% pay cut from the previous year. - Overall, 54 founders from 30 tech startups earned a cumulative INR 291.5 Cr, with the average salary dropping by 25.4% compared to FY23. Source: [Inc42](https://inc42.com/features/founder-salaries-tracker-fy24-how-much-did-startup-founders-earn/)

Amidst a prolonged funding winter, Indian startup ecosystem saw significant salary reductions for founders in FY24.
Supam Maheshwari of FirstCry topped the list with INR 103.8 Cr, despite a 50% pay cut from the previous year.
Overall, 54 founders from 30 tech startups earned a cumulative INR 291.5 Cr, with the average salary dropping by 25.4% compared to FY23.

Source: Inc42