Monarch Innovation Software Developer Salaries by 6 Employees (Updated 2025)

1 - 2 years exp.

₹2.6 Lakhs - ₹4.5 Lakhs

Salary of majority employees

Fixed (84%)

₹3.1 Lakhs

Variable (16%)

₹0.6 Lakh

54% less than the average Software Developer Salary for 1 - 2 years of experience

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Last Updated: 19 Feb 2025

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Software Developer salary at Monarch Innovation ranges between ₹2.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Monarch Innovation.

Experience wise Monarch Innovation Software Developer salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.9 L/yr

Similar Designation salaries in Monarch Innovation

Java Developer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for Monarch Innovation

Design Engineer in Ahmedabad

Full Time

Research & Development Department

2.0

• posted on 17 Feb 2023

2.0

for Salary and Benefits

Likes

Having flexible time for work.

Dislikes

Management is very very poor, they are not giving response to employees. No salary increment management keep saying we will do but at the end you will not get any increment and they are not stand with commitment. Very bad HR experience they don't know how to speak politely to employees. Senior TL level full politics. I never recommend any one for this company.

Salary - Poor

+3 more

Design Engineer in Ahmedabad

Full Time

Product Management Department

4.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

People are very good. Founders are humble. If you like innovation, Monarch Innovation Private Limited is an amazing place to work at.

Skill development - Excellent

+5 more

Dislikes

Initial salary is less but then the company is investing on new joiners by giving access to expensive softwares, etc. so it's a win win situation.

Embedded Firmware Engineer in Ahmedabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 27 Dec 2022

5.0

for Salary and Benefits

Likes

Culture and learning is great. Colleagues and management behaviour is also cooperative. It is a great place for learning and skill development. Growth and exposure to different domain is also provided.

Salary - Excellent

+6 more

Dislikes

I think there is nothing to dislike because management cares for the employee and provides everything which necessary.

Mechanical Engg. Design in Ahmedabad

Research & Development Department

5.0

• posted on 26 May 2022

3.0

for Salary and Benefits

Likes

Good working culture, and great opportunities for career growth. Also having a better Work-life balance. The company has a global client base. Re-hiring policy is better for employees.

Skill development - Good

+5 more

Dislikes

Fewer paid leaves structure. Global client base, so have to work in night shift as well.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Monarch Innovation Software Developer Salary FAQs

What is the salary of Software Developer at Monarch Innovation?

Software Developer salary at Monarch Innovation in India ranges between ₹2.6 Lakhs to ₹4.5 Lakhs for experience between 1 years to 2 years. According to our estimates it is 54% less than the average Software Developer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Monarch Innovation India.

How does the salary of a Software Developer at Monarch Innovation India compare with the average salary range for this job?

The average salary of a Software Developer at Monarch Innovation is 54% less than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Monarch Innovation to a Software Developer in India?

ABCI Infrastructures Software Developer Salary - ₹10.0 Lakhs to ₹35.5 Lakhs per year
Seoyon E-hwa Automotive Software Developer Salary - ₹10.5 Lakhs to ₹27.5 Lakhs per year
Cogoport Software Developer Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
Bank Muscat Software Developer Salary - ₹4.5 Lakhs to ₹20.0 Lakhs per year
IVTL Infoview Technologies Software Developer Salary - ₹4.5 Lakhs to ₹14.5 Lakhs per year

What is the salary of a Software Developer in companies similar to Monarch Innovation in India?

Wipro Software Developer Salary - ₹2.1 Lakhs to ₹17.3 Lakhs per year
Cogniter Technologies Software Developer Salary - ₹3.6 Lakhs to ₹15.0 Lakhs per year
Marelli Software Developer Salary - ₹5.0 Lakhs to ₹11.3 Lakhs per year
Infosys Software Developer Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
LTIMindtree Software Developer Salary - ₹3.1 Lakhs to ₹14.6 Lakhs per year

What is the estimated take home salary of a Software Developer at Monarch Innovation in India?

The estimated take-home salary of a Software Developer at Monarch Innovation ranges between ₹26,947 per month to ₹28,357 per month in India. The take-home salary calculation is based on the average Monarch Innovation Software Developer salary in India which ranges between ₹2.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Monarch Innovation?

According to AmbitionBox, 80% of the Monarch Innovation Software Developers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Monarch Innovation Software Developer Salaries

Monarch Innovation Software Developer salary in India ranges between ₹2.6 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Monarch Innovation latest salaries received from various employees of Monarch Innovation.