100CR per year as a salary: Does it seem realistic? That's ho | TaxLiner | Summarizing Laws

100CR per year as a salary: Does it seem realistic?

That's how much Zerodha founders and director Nithin Kamath, Nikhil Kamath, and Seema Patil can earn up to in a year

But many would-be like, 100Cr salary? Isnt that too much?

Absolutely not!

Here is why it completely makes sense :

1. Zerodha has been scaled to a freaking unicorn without raising a single rupee.
Do you think they were not able to raise money? They choose not to. The founders

2. Zerodha is a startup that actually makes a profit. Yes, not revenue but profit.
FY20 they made a profit of Rs 442 crore ( 16% YoY Growth )
Btw most of the super highly funded startup founders make a salary of 3-10CR annually,
The fruits of staying persistent with the idea of bootstrapped are yielding long-term results.
Thank you for making Bootstrapped business cool again

I have nothing but, Respect.

@HubofCA