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Monarch Innovation

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4.3

based on 16 Reviews

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Monarch Innovation Salaries in India (Updated 2025)

based on 155 latest salaries
Explore Salaries by Departments
Research & Development Engineering - Software & QA Production, Manufacturing & Engineering Engineering - Hardware & Networks + 2 more
Designation Avg Annual Salary Open Jobs

Software Engineer

0 - 1 year exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Project Lead

12 - 13 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Softwaretest Engineer

2 - 3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Junior Mechanical Design Engineer

0 - 1 year exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.2 L/yr

Mechanical Team Lead

7 - 8 years exp. (AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.8 L/yr

Senior Embedded Hardware Engineer

3 - 4 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr

MEP Modeler

1 year exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Software Trainee

Fresher (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Associate Software Developer

1 year exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

Java Developer

1 year exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Embedded Software Development Engineer

Fresher (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Android App Developer

2 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Manual Tester

2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Embedded Firmware Developer

Fresher (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Electronics Engineer

Fresher (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

BIM Modeller

Fresher (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Design Intern

2 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Mobile Application Developer

2 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.3 L/yr

Graphic Designer

2 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Executive SCM

3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Last Updated: 17 Mar, 2025

Top trending discussions

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2w
an architect
Help me choose New Regime or Old Regime for my salary revision
Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits
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Salary related reviews for Monarch Innovation

3.4

Rated by 16 employees for salary & benefits

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.

read more
  • 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.

read more
  • 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.

read more

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.

read more
  • 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.

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  • 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.

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  • 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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More about working at Monarch Innovation

Monarch Innovation Salary FAQs

How much does Monarch Innovation pay per year?
The average Monarch Innovation salary ranges from approximately ₹1 Lakh to ₹3.2 Lakhs per year for a Junior Software Developer and ₹3.9 Lakhs to ₹6.3 Lakhs per year for a Embedded Hardware Engineer. Salary estimates are based on 155 Monarch Innovation salaries received from various employees of Monarch Innovation. Monarch Innovation employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Monarch Innovation?
The highest-paying job at Monarch Innovation is a Embedded Hardware Engineer with a salary of ₹3.9 Lakhs to ₹6.3 Lakhs per year. The top 10% of employees earn more than ₹7 lakhs per year. The top 1% earn more than a whopping ₹11.50 lakhs per year.
What is the minimum salary in Monarch Innovation?
Minimum salary at Monarch Innovation depends on the role you are applying for. For Junior Software Developer the minimum salary is ₹1 Lakh to ₹3.2 Lakhs per year, and for Junior BIM Engineer the minimum salary is ₹2.2 Lakhs to ₹3.5 Lakhs per year and so on.
What is the notice period at Monarch Innovation?
According to AmbitionBox, 90% of the Monarch Innovation employees reported a notice period of 1 Month, 5% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 109 responses on AmbitionBox in last 2 years.

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Monarch Innovation Salaries by Location

Average annual salary in Monarch Innovation is INRunlock blur . Salary estimates are based on 155 Monarch Innovation latest salaries received from various employees of Monarch Innovation.

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