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'₹70 LPA feels common, but it isn't': Investor debunks Bengaluru's high salary myth

'₹70 LPA feels common, but it isn't': Investor debunks Bengaluru's high salary myth

The investor explains that salaries in Bangalore vary significantly across company types, and that the idea of ₹70 LPA being the norm does not reflect the broader market.

Business Today Desk
Business Today Desk
  • Updated Apr 15, 2026 9:53 PM IST
'₹70 LPA feels common, but it isn't': Investor debunks Bengaluru's high salary mythThe investor added that ₹70 LPA sits in the top ~5% of roles, while nearly 80% of engineers earn below ₹40 LPA.

An investor has challenged perceptions around Bengaluru’s tech salaries, saying ₹70 lakh per annum packages are far less common than they appear online and are largely limited to a small segment of top-paying firms.

“₹70 LPA in Bangalore often feels common, but that perception is driven more by visibility than reality…,” Vinneth K wrote on X, while reacting to a post which said: "₹70 LPA is so common in Bangalore these days."

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Vinneth explained that salaries in Bangalore vary significantly across company types, and that the idea of ₹70 LPA being the norm does not reflect the broader market.

Service companies such as TCS, Infosys and Wipro employ nearly 60–70% of engineers. Salaries here typically range from ₹3–20 LPA. “₹70 LPA: Almost non-existent except for 10+ year old roles,” he noted.

Mid-tier product companies and Global Capability Centres, including Oracle, Dell, IBM and Goldman Sachs, make up about 20–25% of the ecosystem. Salaries in this segment usually fall between ₹15–45 LPA, with ₹70 LPA limited to the “top 5–10% only”, he explained.

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In the startup space, which accounts for 5–10% of engineers, compensation ranges between ₹20–70 LPA along with ESOPs. Companies like Swiggy, Flipkart, Razorpay and CRED fall in this category.

However, he clarified that “₹70 LPA: Upper band, not median (but good starting pays).”

At the top are elite firms such as Google, Meta, Amazon, Uber and Tower Research Capital. These account for just 2–5% of the ecosystem but offer salaries ranging from ₹40–80+ LPA, sometimes crossing ₹1 crore. In this segment, ₹70 LPA is “common within this small group,” he pointed out.

Looking at the ecosystem as a whole, he stated that the weighted average salary in Bangalore is around ₹18–20 LPA. He added that ₹70 LPA sits in the top ~5% of roles, while nearly 80% of engineers earn below ₹40 LPA.

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He also outlined why high salaries appear more common than they are. “Social media bias → Only high packages get posted,” he observed, adding that “peer bubble → Product/startup circles skew perception” and “CTC structure → Stocks, ESOPs, bonuses inflate numbers.”

Summing up his argument, he remarked, “IMO, ₹70 LPA is not the norm, it’s concentrated in a very small, high-performing segment of companies.”

“It’s common in your feed, not in the full market,” he concluded.

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Business Today Desk
Business Today Desk

Business Today brings you the latest news, views and analysis from the world of finance, economy, markets, corporates, startups, tech, and the digital economy. You can find everything from breaking news to deep dives to immersive essays and more on a variety of subjects across all formats - online, magazine, television, data visualisation, et al.

Published on: Apr 15, 2026 9:53 PM IST