Salary Guide · India 2026
Ola Electric is India's #1 electric two-wheeler company, listed on BSE/NSE in August 2024. It manufactures the Ola S1 series e-scooters and is building India's largest battery gigafactory (Gigafactory in Tamil Nadu). The figures below reflect total CTC — base, variable, and equity combined — at the 25th–90th percentile of reported Ola Electric offers in India, cross-checked against AmbitionBox and Glassdoor.
Software Engineer · Senior / 6–9 yrs
₹35L – ₹58Ltotal CTC
Salary bands for 12 roles at Ola Electric, from Software Engineer to Program Manager — see all below.
Working at Ola Electric
~10,000 employees. BSE/NSE listed (OLAELECTRIC, IPO Aug 2024). Manufacturing capacity ~1M units/year. Revenue ~₹5,000 Cr FY24. Bhavish Aggarwal founded.
What the interview actually tests
Listed RSU but stock has been volatile post-IPO. Work culture is fast-paced/intense (Bhavish-led). Hardware + embedded software roles are the strongest fit. Interview includes domain-specific questions on vehicle electronics, BMS, and embedded C/C++. Software engineers work on MoveOS, telematics, and factory automation.
Role
What Software Engineers actually earn at Ola Electric in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10L – ₹18L | RSU₹1L – ₹3L/yr |
| Mid-level / 3–5 yrs | ₹20L – ₹34L | RSU₹3L – ₹8L/yr |
| Senior / 6–9 yrs | ₹35L – ₹58L | RSU₹8L – ₹18L/yr |
Role
Ola Electric's pay bands for Data Analysts in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | RSU₹1.7L – ₹4.2L/yr |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | RSU₹3.2L – ₹9.2L/yr |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | RSU₹5.7L – ₹17.1L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Ola Electric's pay bands for DevOps / SREs in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹18.1L | RSU₹0.9L – ₹2.5L/yr |
| Mid-level / 3–5 yrs | ₹17.1L – ₹32.3L | RSU₹1.6L – ₹4.6L/yr |
| Senior / 6–9 yrs | ₹33.2L – ₹61.7L | RSU₹3.1L – ₹8.6L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
What Embedded Engineers actually earn at Ola Electric in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | RSU₹1.7L – ₹4.2L/yr |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | RSU₹3.2L – ₹9.2L/yr |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | RSU₹5.7L – ₹17.1L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
What Finance Managers actually earn at Ola Electric in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹11.4L | RSU₹0.1L – ₹0.2L/yr |
| Mid-level / 3–5 yrs | ₹11.4L – ₹22.8L | RSU₹0.1L – ₹0.5L/yr |
| Senior / 6–9 yrs | ₹20.9L – ₹41.3L | RSU₹0.3L – ₹0.8L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Ola Electric's pay bands for Firmware Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | RSU₹1.7L – ₹4.2L/yr |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | RSU₹3.2L – ₹9.2L/yr |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | RSU₹5.7L – ₹17.1L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Total CTC ranges for HR Managers at Ola Electric India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹18.1L | RSU₹0.3L – ₹0.7L/yr |
| Senior / 6–9 yrs | ₹17.1L – ₹32.3L | RSU₹0.5L – ₹1.3L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Ola Electric's pay bands for Marketing Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹10.4L | RSU₹0.1L – ₹0.4L/yr |
| Mid-level / 3–5 yrs | ₹11.4L – ₹22.8L | RSU₹0.3L – ₹0.9L/yr |
| Senior / 6–9 yrs | ₹20.9L – ₹44.7L | RSU₹0.5L – ₹1.8L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Total CTC ranges for Operations Managers at Ola Electric India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹7.6L – ₹13.3L | RSU₹0.1L – ₹0.3L/yr |
| Mid-level / 3–5 yrs | ₹13.3L – ₹25.6L | RSU₹0.2L – ₹0.5L/yr |
| Senior / 6–9 yrs | ₹23.8L – ₹47.5L | RSU₹0.3L – ₹0.9L/yr |
| Manager / 12+ yrs | ₹52.2L – ₹102.1L | RSU₹0.7L – ₹2L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Ola Electric's pay bands for Product Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹21.9L | RSU₹1.4L – ₹3.1L/yr |
| Mid-level / 3–5 yrs | ₹23.8L – ₹45.1L | RSU₹2.2L – ₹6.3L/yr |
| Senior / 6–9 yrs | ₹42.8L – ₹83.2L | RSU₹4L – ₹11.7L/yr |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Total CTC ranges for Sales / Account Executives at Ola Electric India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹4.8L – ₹9.1L | RSU |
| Mid-level / 3–5 yrs | ₹7.6L – ₹15.7L | RSU |
| Senior / 6–9 yrs | ₹14.2L – ₹28.5L | RSU |
Negotiation focus: Fixed salary + level calibration + variable/equity clarity + joining bonus + notice buyout. HR posture: "This is above our current band; we may have limited flexibility on fixed salary."
Role
Total CTC ranges for Program Managers at Ola Electric India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹21.9L – ₹26.1L | None |
| Senior / 6–9 yrs | ₹20.7L – ₹27.3L | None |
AB yoe-bucket scrape: Program Manager 1-3y (n=33); Program Manager 3-6y (n=39); n=72
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