Version 1 Mumbai Salaries by 10+ Employees (Updated 2025)

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Engineering - Software & QA

Designation	Avg Annual Salary	Open Jobs
Oracle HCM Functional Consultant 3 years exp. · Mumbai (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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Technical Lead 9 years exp. · Mumbai (AmbitionBox Estimate)	₹32.9 L/yr - ₹42 L/yr	2 job openings
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Lead Business Analyst 9 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
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Project Coordinator 6 years exp. · Mumbai (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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Product Manager 9 years exp. · Mumbai (AmbitionBox Estimate)	₹32.9 L/yr - ₹42 L/yr
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Peoplesoft Administrator 9 years exp. · Mumbai (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr	1 job opening
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Microsoft Dynamics CRM Consultant 5 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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PMO Executive 6 years exp. · Mumbai (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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SQL Server Developer 8 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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I have below 2 offers. which one to join. Need some guidance. 1. Luxoft - 32 fixed lpa. WFH. 1 lac joining bonus. 2. TCS - 31 fixed . over all ctc - 36. no WFH. 2 lac joining bonus (temporarily hybrid 3 days in client location which is near to my place till the time assigned to same project)

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Salary related reviews for Version 1

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Feb 2024

3.0

for Salary and Benefits

Likes

I received good jump in my salary initially.

Work-life balance - Good

Dislikes

...egrity but you will not get to see that in higher management, no transparency. No clear Salary hike policy - you will not get any annual salary hikes after couple of years, best part is they will tell you that until you keep asking for months. HR’s are also dependent on Portfolio Managers decisions - end of the day its all company profits. Worst Performance Review system - Absolutely No Numbers! Only based on some English explanations from your manager your quarterly ratings will be given you will be easily rated unfairly as there are No clear Metrics, KPI’s, Numbers or performance graphs which can be measurable and trusted. So Bottomline Management can decide till when they need your service and if they feel they have extracted enough from you they write anything in their quarterly reviews and rate you down, lower your confidence and demotivate you so you will eventually put down papers.

Skill development - Poor

+4 more

Oracle SCM Functional Consultant in Bangalore / Bengaluru

Consulting Department

5.0

• posted on 07 Sep 2022

5.0

for Salary and Benefits

Likes

... will look for is "Recognition". Version1 is great to recognize your good works. You will have a wide work-life balance with a good salary and other benefits.

Salary - Excellent

+6 more

Dislikes

There is nothing

Senior Java Develolper in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Great company to work for, good leave policy , over all good work life balance and permanent work from home. Good projects to work on with latest technologies.

Skill development - Excellent

+5 more

Dislikes

Nothing much. They do not have a competitive salary structure.

Salary - Poor

Business Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 17 Feb 2023

4.0

for Salary and Benefits

Likes

Interview process Quarterly bonuses Work culture depends on leads and manager

Salary - Good

Dislikes

Lots of micromanagement in some teams To much status reporting to leads and managers Weekly feedback from clients No autonomy

Skill development - Bad

+3 more

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Version 1 interview questions by designations

Software Developer (1)Oracle Functional Consultant (1)DOT NET Developer (1)Oracle Application Technical Consultant (1)

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Average annual salary in Version 1 , Mumbai is INR . Salary estimates are based on 10+ Version 1 latest salaries received from various employees of Version 1.