Monarch Innovation Ahmedabad Software Developer Salaries by 5 Employees (Updated 2025)

1 - 2 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

51% less than the average Software Developer Salary for 1 - 2 years of experience

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Last Updated: 24 Mar 2025

Companies similar to Monarch Innovation for Software Developer in Ahmedabad

Monarch Innovation Software Developer Salary

1 - 2 years exp. (5 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Maxxis Rubber Software Developer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr 3% more
Infosys Software Developer Salary 1 - 6 years exp. (2.3k salaries)	₹4.2 L/yr - ₹12.1 L/yr 154% more	1 job opening
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eClinicalWorks Software Developer Salary 2 - 8 years exp. (75 salaries)	₹4.6 L/yr - ₹17 L/yr 205% more
Bacancy Technology Software Developer Salary 1 - 6 years exp. (41 salaries)	₹3 L/yr - ₹13.3 L/yr 117% more	1 job opening

Software Developer salary at Monarch Innovation ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Monarch Innovation.

Experience wise Monarch Innovation Software Developer salaries in Ahmedabad

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.2 L/yr - ₹4.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in Monarch Innovation

Software Engineer Salary

(3 salaries)

₹2 L/yr - ₹4.2 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.

Design Engineer in Ahmedabad

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 15 Feb 2025

4.0

for Salary and Benefits

Likes

Seniors are okay, MDs are good. Being mechanical engineer having weekend off culture is good. Sometimes and some people travel abroad regarding their projects.

Salary - Good

+6 more

Dislikes

Increment cycle has been delayed since last 2 years instead for March it's been implemented around September.

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Monarch Innovation Software Developer Salary FAQs

What is the salary of Software Developer at Monarch Innovation in Ahmedabad?

The average salary of a Software Developer at Monarch Innovation in Ahmedabad typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Software Developer in Ahmedabad at Monarch Innovation earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Software Developer Salaries at Monarch Innovation can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Monarch Innovation employees in India.

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

The estimated take-home salary of a Software Developer at Monarch Innovation in Ahmedabad typically ranges from ₹26,947 to ₹28,357 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Monarch Innovation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Monarch Innovation for Software Developer in India?

eClinicalWorks	₹4.6 Lakhs to ₹17.0 Lakhs per year
Infosys	₹4.2 Lakhs to ₹12.1 Lakhs per year
Bacancy Technology	₹3.0 Lakhs to ₹13.3 Lakhs per year
Maxxis Rubber	₹3.0 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Monarch Innovation, depending on the role and experience level.

How the salary growth look like for a Software Developer at Monarch Innovation in Ahmedabad?

The salary growth for a Software Developer at Monarch Innovation in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Software Developer in Ahmedabad can expect the following growth trajectory at Monarch Innovation:

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹4.5 Lakhs per year
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Monarch Innovation Software Developer Salaries in Ahmedabad

Monarch Innovation Software Developer salary in Ahmedabad ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Monarch Innovation latest salaries received from various employees of Monarch Innovation.