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

0 - 1 year exp.

₹2.6 Lakhs - ₹4.5 Lakhs

Salary of majority employees

63% less than the average Software Developer Salary for 0 - 1 year of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 1 year exp. (3 salaries)	₹2.6 L/yr - ₹4.2 L/yr
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IT & Information Security Software Developer Salary Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 24 Jan 2025

Companies similar to Monarch Innovation for Software Developer

Company name	Avg Annual Salary	Open Jobs
TCS Software Developer Salary 0 - 8 years exp. (18.9k salaries)	₹3 L/yr - ₹13 L/yr 151% more
Infosys Software Developer Salary 0 - 6 years exp. (5.7k salaries)	₹3 L/yr - ₹12 L/yr 148% more	1 job opening
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Wipro Software Developer Salary 0 - 8 years exp. (5.7k salaries)	₹3.4 L/yr - ₹18 L/yr 208% more	1 job opening
HCLTech Software Developer Salary 0 - 7 years exp. (3.4k salaries)	₹2.6 L/yr - ₹11.5 L/yr 140% more
Tech Mahindra Software Developer Salary 0 - 7 years exp. (4.3k salaries)	₹2 L/yr - ₹12.1 L/yr 127% more	2 job openings
LTIMindtree Software Developer Salary 0 - 7 years exp. (3k salaries)	₹3.2 L/yr - ₹14.5 L/yr 166% more
Mphasis Software Developer Salary 1 - 6 years exp. (1.4k salaries)	₹2.9 L/yr - ₹12.5 L/yr 138% more
Persistent Systems Software Developer Salary 0 - 5 years exp. (750 salaries)	₹3.4 L/yr - ₹13 L/yr 153% more
Hexaware Technologies Software Developer Salary 1 - 6 years exp. (424 salaries)	₹3 L/yr - ₹12.1 L/yr 150% more
ABCI Infrastructures Software Developer Salary 0 - 10 years exp. (232 salaries)	₹9.6 L/yr - ₹35 L/yr 657% more
Huawei Technologies Software Developer Salary 1 - 5 years exp. (128 salaries)	₹2.5 L/yr - ₹10.7 L/yr 127% more
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Cogoport Software Developer Salary 0 - 2 years exp. (71 salaries)	₹7.5 L/yr - ₹17 L/yr 343% more
Grab A Grub Services Software Developer Salary 0 - 6 years exp. (18 salaries)	₹2 L/yr - ₹7.1 L/yr 64% more
Marelli Software Developer Salary 1 - 6 years exp. (13 salaries)	₹5 L/yr - ₹11.3 L/yr 168% more
TCL Software Developer Salary 1 - 5 years exp. (8 salaries)	₹1.3 L/yr - ₹6.4 L/yr 29% more
Karvy Financial Services Software Developer Salary 2 - 5 years exp. (5 salaries)	₹2.1 L/yr - ₹6 L/yr 38% more
Treebo Hotels Software Developer Salary 2 years exp. (3 salaries)	₹15 L/yr - ₹25 L/yr 581% more
UTL Solar Software Developer Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹11.1 L/yr 130% more
Seoyon E-hwa Automotive Software Developer Salary 2 - 10 years exp. (3 salaries)	₹10.5 L/yr - ₹27.5 L/yr 502% more

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

Experience wise Monarch Innovation Software Developer salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr
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1 year (5 salaries)	₹2.5 L/yr - ₹4.5 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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 less than 1 year of experience. According to our estimates it is 63% 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 63% 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 - ₹9.6 Lakhs to ₹35.0 Lakhs per year
Treebo Hotels Software Developer Salary - ₹15.0 Lakhs to ₹25.0 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 ₹17.0 Lakhs per year
Wipro Software Developer Salary - ₹3.4 Lakhs to ₹18.0 Lakhs per year

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

Marelli Software Developer Salary - ₹5.0 Lakhs to ₹11.3 Lakhs per year
LTIMindtree Software Developer Salary - ₹3.2 Lakhs to ₹14.5 Lakhs per year
Persistent Systems Software Developer Salary - ₹3.4 Lakhs to ₹13.0 Lakhs per year
TCS Software Developer Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
Hexaware Technologies Software Developer Salary - ₹3.0 Lakhs to ₹12.1 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 ₹20,976 per month to ₹22,624 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 less than 1 year of experience. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Monarch Innovation Software Developers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 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.