12 Highest-Paying Startups in India to Consider Working for in 2024

Working at a startup can provide a valuable learning experience. Startups offer a vibrant ecosystem that promotes innovation and gives you a chance to acquire entrepreneurial skills. Many recent graduates as well as experienced professionals want to be part of innovative and highest-paying startups in India, as it allows them to develop new skills and broaden their knowledge base much faster than in established companies.

If you aspire to get a lucrative job at a startup in India, explore this blog to learn about the startups offering high pay and great employee benefits, and discover the average salary they offer.

Highest Paying Startups in India

For job seekers looking to build a career in the startup world, there are numerous companies offering competitive salaries and excellent growth opportunities. In this section, we will highlight some of the startups that provide great products and services and also prioritize rewarding their employees with attractive compensation packages. Here are some of the highest-paying startups in India. We will also explore the employee benefits and average salary range offered by each of them. 

1. Razorpay 

Founded in 2014, Razorpay is a fintech company that has made online payments easier in India. With its secure and efficient payment gateway, the company became a trusted platform for individuals and businesses. Razorpay helps people make financial transactions smoothly across the country. It has simplified the payment process and also made digital payments accessible to underserved communities. 

Razorpay fosters a collaborative work culture that encourages friendship, partnership, inclusion & diversity. The company offers a wide range of job opportunities, including account management, product management, sales, human resources, etc.

Benefits

Razorpay is known for its outstanding employee benefits, which include:

• Dedicated budget for courses and development programs
• Comprehensive medical coverage for employees and families
• Generous paid time off for vacations and personal days
• 24 Weeks of maternity leave 
• 4 Weeks of paternity leave
• Flexible schedules and remote work option

Average Salary: ₹19 LPA

2. Nykaa

Nykaa began in Mumbai in 2012 and is a leading e-commerce startup that has transformed the beauty and wellness industry in India. Nykaa offers a wide range of products and has both online and offline stores. 

The company’s success lies in its ability to curate high-quality products and provide personalized recommendations. They ensure that customers find the perfect products to enhance their beauty and wellness routines. This is one of the highest-paying startups in India to work for. Nykaa promotes an inclusive work environment that values creativity and teamwork. The company provides diverse job opportunities across customer service, marketing, design, etc.

Benefits

Nykaa offers a comprehensive range of benefits to its employees, including:

• Skill training programs
• Support for further education & professional certifications
• Office cab/shuttle service 
• On-site child care facility 
• On-site cafeteria option
• Health insurance coverage
• Joining bonus and performance bonuses

Average Salary: ₹11 LPA

3. Swiggy 

Swiggy is one of the first food ordering and delivery platforms in India. It is one of the highest-paying startups. With its innovative approach and commitment to convenience, Swiggy has changed the way people access and enjoy their favorite meals. 

Swiggy’s user-friendly app, efficient delivery system, and partnerships with various restaurants have made it a go-to choice for millions of customers seeking easy dining experiences. Swiggy nurtures a flexible work culture that prioritizes work-life balance. The company offers exciting jobs in areas such as software development, sales, management, etc.

Benefits

Swiggy offers an attractive benefits package to its employees, including:

• Group personal accident insurance coverage for employees
• Healthcare coverage
• Convenient access to meals
• Mobile expense allowance
• Paternity and adoption leave 
• Tax and investment planning
• Car lease options 

Average Salary: ₹11.5 LPA

4. PhonePe 

With the aim of promoting cashless transactions, PhonePe has become one of the leading digital payment platforms in India. This app has made life simpler for millions by enabling easy payments for groceries, phone recharges, utility bills, and more, changing the way people manage their finances. 

PhonePe’s user-friendly interface and strong security measures have built consumer confidence, encouraging widespread adoption of digital payments across the country. The company fosters a collaborative and entrepreneurial work environment that encourages employees to take initiative and grow. It provides job opportunities in various fields, including software engineering, product management, digital marketing, etc.

Benefits

PhonePe offers a comprehensive benefits package to its employees, including:

• Counseling sessions for employees & spouses
• On-site daycare 
• Flexible work hours & remote work options
• 3-Month office conveyance allowance 
• Parenting and childcare resources and guides
• Regular workshops on parenting and work-life balance
• Equity, diversity, and inclusion at the workplace

Average Salary: ₹11.9 LPA

5. Groww 

Groww is a fast-growing stockbroking/fintech startup that offers a user-friendly platform for investing in mutual funds, stocks, and other financial tools. Groww’s innovative features, such as personalized recommendations and seamless portfolio management, have positioned the company as a leader in the fintech space. 

Founded in 2016, the company has gained a large user base due to its easy interface and educational resources. Groww’s commitment to empowering investors and its innovative approach have enabled it to attract top talent by offering competitive salaries and benefits. This makes it one of the highest-paying startups to consider working with.

Benefits

Groww offers a comprehensive range of benefits to its employees, including:

• Comprehensive health insurance for employees and their families
• Life insurance
• Gym membership to promote a healthy lifestyle and fitness 
• On-site child care services
• Training programs to enhance both professional and personal development
• Support for further education and professional certifications

Average Salary: ₹23.2 LPA

6. Meesho 

Meesho was founded in 2015 by Vidit Aatrey and Sanjeev Barnwal. It is an e-commerce platform that empowers individuals to become resellers of various products, ranging from fashion to home decor. 

Meesho uses social media and enables micro-entrepreneurs to build their own online businesses, become resellers, and make a profit. It promotes a work culture that encourages innovation and problem-solving, making it the ideal startup to work for. Further, the company offers job opportunities in areas such as data analytics, business management, etc.

Benefits

Meesho offers a comprehensive range of benefits to its employees, including:

• Flexible work hours, unpaid leave, and generous paid time off
• Hybrid work model with a flexible 3-day in-office requirement
• Learning and development opportunities
• Employee assistance program, gym membership, & car lease policy
• Employee stock options, retirement benefits, & bereavement leave
• Parental leave and comprehensive childcare support
• Health insurance coverage 

Average Salary: ₹14.0 LPA

7. PharmEasy 

PharmEasy is one of the highest-paying startups and a leading online pharmacy and healthcare platform that aims to simplify access to medicines and healthcare services. Founded in 2015 by Dharmil Sheth, the company has gained significant popularity thanks to its user-friendly interface, wide range of products, and reliable delivery services. 

The company provides healthcare delivery services to consumers and healthcare industries, streamlining the process of obtaining medications and healthcare services. They help improve and enhance overall healthcare experiences. 

PharmEasy supports a collaborative work culture that prioritizes innovation and customer satisfaction. The company offers job opportunities in healthcare, technology, supply chain management, and customer support.

Benefits

PharmEasy offers a comprehensive range of benefits to its employees, including:

• Health care & insurance, including medical, dental, and vision insurance 
• Access to mental health professionals & counseling services
• Wellness programs including gym memberships
• Extended paid maternity & paternity leave
• Work-from-home policy & flexible work model

Average Salary: ₹9.7 LPA

8. CRED 

Founded by Kunal Shah in 2018, CRED is an Indian fintech startup that provides credit card services and incentives to customers. CRED has gained a loyal user base by offering credit card management, exclusive benefits, and rewards to its members. 

The company’s commitment to financial literacy and responsible credit practices has also positioned it as a leader in promoting financial well-being among its users. This has contributed to its success in the fintech space and makes it one of the highest-paying startups to find employment opportunities.

CRED promotes a work environment that values excellence and continuous learning. The company provides job prospects in fintech, software engineering, business analysis, etc.

Benefits

CRED offers a comprehensive range of benefits to its employees, including:

• Unlimited paid vacation days
• Flexibility in work schedules
• Insurance covering 100% of medical, dental, vision, and short-term disability expenses
• Up to 14 weeks of paid family leave for all employees

Average Salary: ₹30.8 LPA

9. BoAt 

BoAt is an Indian company that markets high-quality audio devices and smartwatches. The company is among the top five audio system manufacturers globally, known for its product performance and durability.

The company’s commitment to delivering exceptional sound quality, stylish designs, and affordable pricing has gained it a large customer base. This has enabled it to attract top talent by offering competitive salaries and benefits. BoAt offers a creative work culture that encourages innovation. It offers job opportunities in engineering, analytics, product design, marketing, sales, etc.

Benefits

BoAt offers a comprehensive range of benefits to its employees, including:

• Competitive salaries and equity opportunities
• Comprehensive health insurance coverage
• Flexible work arrangements
• Wellness programs and gym memberships
• Learning and development programs
• Employee discounts on BoAt products

Average Salary: ₹12.9 LPA

10. Practo 

Practo is a Bangalore-based online doctor consultation platform that has revolutionized the healthcare industry. The platform enables users to find the best doctors, book appointments, manage medical records, and receive consultations, empowering better healthcare decisions and treatment.

The company’s user-friendly platform, combined with its extensive network of healthcare professionals facilitates seamless communication and enhances overall healthcare experiences. Practo has a work culture that values innovation. The company provides diverse job opportunities in healthcare, technology, software engineering, product management, etc.

Benefits

Practo offers a comprehensive range of benefits to its employees, including:

• Health insurance coverage for medical, dental, and vision expenses 
• Options for flexible work hours or remote work 
• Paid time off including vacation, holidays, and sick leave
• Professional development and training programs
• Paid time off for new parents

Average Salary: ₹12.4 LPA

11. Paytm 

Paytm was founded in 2010 by Vijay Shekhar Sharma. It is an Indian company that transformed online payment services, financial services, and e-commerce. The company offers a wide range of services, including mobile recharges, bill payments, and e-commerce transactions. 

With nearly 20 million active users, Paytm has become a household name in the fintech industry. This is one of the highest-paying startups that offers competitive salaries and benefits to its employees. Paytm promotes an innovative work culture and offers a wide range of job opportunities, including customer service, sales representative, digital marketing, etc.

Benefits

Paytm offers a comprehensive range of benefits to its employees, including:

• Paid time off  
• Health plan and insurance
• Work-life balance
• Teambuilding events
• Flexible working hours 
• Access to a learning and development budget (Online courses)

Average Salary: ₹2.6 LPA

12. Zepto 

Zepto is a rapidly growing quick commerce startup that promises to deliver groceries and essential items within 10 minutes. Co-founded in 2021 by two 19-year-old Stanford dropouts, the company has enhanced convenience and efficiency using advanced logistics and technology. This is one of the biggest and highest-paying startups for those seeking employment opportunities with competitive salaries in the e-commerce and logistics sectors. 

Zepto supports a work environment that prioritizes flexibility, inclusivity, and empowerment. The company provides jobs in areas such as project management, supply chain management, customer service, etc.

Benefits

Zepto offers a comprehensive range of benefits to its employees, including:

• Health insurance coverage
• Flexible work hours
• Professional development opportunities
• Work 5 days a week only
• Informal dress code

Average Salary: ₹11.0 LPA

Conclusion

Startups in India are rapidly growing, offering numerous high-paying opportunities for talented professionals across various industries. From fintech and e-commerce to healthcare and logistics, these companies offer attractive salaries and benefits to attract and retain top talent. In this blog, we have mentioned the highest-paying startups in India. For individuals seeking rewarding careers, these companies represent some of the best choices to explore.

If you found this blog post useful, you can also check out our blog on the top edtech companies in India.

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