Meet one of Noida's richest who earned Rs 614 crore from his firm, earned Rs 64 lakh per day salary

Written By DNA Web Team | Updated: Aug 12, 2023, 08:16 AM IST

Yashish Dahiya's gross remuneration was Rs 235 crore in FY 2022. (File)

Yashish Dahiya founded Policy Bazaar. It is one of the biggest insurance platforms in India. He comes from an army family. His father was in the Indian Army.

Yashish Dahiya is one of the richest people of Noida. He is an engineering graduate from IIT. He also did his MBA from IIM Ahmedabad. He went against his family to open a business. The company's valuation now is 6 billion dollars (Rs 49,663 crore).

Yashish Dahiya founded Policy Bazaar. It is one of the biggest insurance platforms in India. He comes from an army family. His father was in the Indian Army.

His first job was launching coaching classes in his living room in Noida. His family, however, wanted him to do better as he was a distinguished academic.

At his family's insistence, he worked for a packaging company. He, however, got a job in an Indore packaging company.

His company, FB Fintech, was listed in 2021.

When the company went public, Yashish Dahiya and his co-founders were handed over ESOPs worth Rs 1044 crore.

Dahiya earned ESOPs worth Rs 614 crore. Bansal received Rs 361 crore. Sarbvir Singh received Rs 69 crore.

The 12 million ESOPs granted to the founders and top executives had a vesting period of five years. The precondition is that the market cap of the company doesn't fall below 5 billion dollars.

Dahiya's gross remuneration was Rs 235 crore in FY 2022. His salary was Rs 56 crore.

Hurun list pegged his net worth in 2022 to be Rs 1100 crore.