For our portfolio companies, we are fine paying for quality instead of quantity.

Giving a Rs 60-80 lakh TC offer in BLR or HYD makes it easier to identify and hire good talent, and ik peer security firms (private and public) that are product first are offering similar TC offers in BLR, HYD, and NCR.

On top of that, there has been a reverse brain drain going on since the COVID layoffs in early 2020, so if we want to poach good talent that returned to India from the US, we need to be able to offer Western salaries, otherwise they'd either decide to help their former employer open a GCC or they'd start their own startup.

Realistically, I'd say a $35k-60k TC offer gets you the 50 to 75th percentile in talent in much of India for security, but most product-first companies tend to hire for quality not quantity, and depending on size of FDI and the state, a company can get a $10k-20k per head subsidy which makes it easier to offer higher salaries without impacting our bottom line.

That said, if you are being hired to be a SOC, a generic pentester, or a "detection engineer" you'd be lucky to break the $20k TC mark tbh, but the SOC-to-SWE or Pentester-to-SWE conversions have been our most successful ones because it's easier to build a product for security teams when your engineers were former security practitioners.

That said, the salary pressures for getting good talent in India is high simply because we're competing with Google, Microsoft, Citadel, Nvidia, etc for similar kind of talent within India.

Earning $70k-90k TC in Hyderabad or Bangalore is doable with 10 YoE if you have the right profile (the right jobs, work experience, track record, and luck). Heck, this is why companies like Zscaler have been hiring in Tier 1.5/2 cities like Pune or Chandigarh instead because you can get away with paying $35k-50k TCs for the kind of talent that would demand a $70k-90k TC in BLR or HYD.