Tech IndustryAug 18, 2021
PaytmoHnj45

Offer from Paytm | Mobikwik

Paytm, TC Offered: 35 + 1 Joining Bonus (18 months condition) Mobikwik: TC Offered: 36 + 1 Joining Bonus (no condition) YOE: 5 Please help! Which one to go for? I have heard that Mobikwik work culture is better than Paytm #tech #offer #softwareengineer

Red Hat jacky5 Aug 18, 2021

Are you getting any stock?

Paytm oHnj45 OP Aug 18, 2021

Just going to work with some core Paytm Central Team (Promotions and CashBack) i think, and wealth and investment team in mobikwik Yes, got same amount of stocks from both companies but vesting of 20 percent in mobikwik for first year (and 10 percent half yearly), but only 10 percent in Paytm (and ~25 percent yearly).

Red Hat jacky5 Aug 18, 2021

And any idea which team you are going to work?

Oracle efgm33 Aug 18, 2021

Paytm will soon IPO so that’s a plus in terms of stock but 18 months condition sucks.

Paytm oHnj45 OP Aug 18, 2021

So any suggestions or thoughts?

Qualcomm Qawwal-Kam Jan 31, 2022

Ipo😂

Red Hat jacky5 Aug 18, 2021

18 months are nothing if you are not frequent switcher (and if you are lucky to get a good manager ofcourse!) I believe you wont vest much of stocks till they both launch their IPO so don't think on IPO part. Growth of both companies are fairly identical (except PayTM got huge Market Cap but that doesn't mean they will pay you more). MobikWik offer sounds appealing to me as I also heard they have good work culture + there is no condition of stay. Plus, many believe this is right time to work in "wealth and investment" as it is expected to grow ever faster post pandemic and since MobikWik still in development in that area, you will get to learn more things.

New
eKne44 Aug 18, 2021

Mobikwik had data breach many times and they right out denied the hacking. Both are shitty companies to be true.

Paytm oHnj45 OP Aug 18, 2021

If I choose MobiKwik, will that data breach (which occurred already) affect my future employments with FANG? I mean will they question to take an employee from a company having a data breach?

Paytm oHnj45 OP Aug 19, 2021

If I choose MobiKwik, will that data breach (which occurred already in mobikwik) affect my future employments with some Major Tech Company like Amazon or Microsoft? I mean will they question to take an employee from a company having a data breach?

Oracle efgm33 Aug 19, 2021

Nope Every FAANG company has had a data breach so they won’t bother about it unless you say in interview you were brains behind it

Expedia Group emp01 Oct 7, 2021

@op which one did you join ? I am in a similar situation bro

Publicis Sapient samsap Oct 31, 2021

@emp01 me too. Where are you currently?

Ciena jassi_work Nov 6, 2021

Which one did you joined? And if Mobikwik then how's the work there and for which team?

Walmart dUVS58 Nov 22, 2021

I think he joined Paytm as can be seen in his handle. Not sure what you think of Paytm stocks handed over to you at the time of joining now that it's hit badly