Avoid this company unless you get very good hike or you need brand name - Senior Software Engineer Paytm Money Employee Review

Around 10% of developers are fired in March'20 with performance as reason. It was a shock to everyone. In Mar'20, they made all our leaves to ZERO. (including sick leave and privilege leave). If we want to take leave between Mar'20 and Jun'20, Loss of pay is the only option. Even that needs your manager approval :P. Hike cycle was delayed from Mar'20 to Oct'20 and everyone received single digit hikes :P. So much for a startup. Very less scale, only 5 lakhs users have KYC though they claim they have 5 million users. Other 45 lakhs users just logged in and never came back :P. Need to stay for 9 hours in office, they will track timings. Irrespective how good you may work, you will be reminded of this in your appraisals. Your manager has access to your in and out timings. Its very tougher than you think (especially when you don't have much work) Higher management are very incompetent, instead of helping you work efficiently, they make you inefficient with their ridiculous philosophies. Even they don't like to work in paytm money, but guess what, they are so incompetent that they can't even change company :P. Very high attrition rate, no one will stay more than 2 years (especially in 1-5 yrs experience band), whole team changes every two years (except higher management as they can't change company). They are very cheap (2 lakhs health insurance, 2k budget per person for half yearly outing). They are so cheap that they are not asking employees to come to office during corona only because they vacated koramangala office not because they care about employees.