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Meet Jagdeep Singh, the Indian-origin tech boss who gets paid Rs 48 crore a day


Published on 2025-01-06 03:02:24 - Firstpost
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  • Jagdeep Singh, founder and former CEO of QuantumScape earns an eye-popping Rs 17,500 crore annually. The Indian-origin tech boss, who founded the leading electric vehicle (EV) battery company, rakes a

Jagdeep Singh, the Indian-origin founder and former CEO of QuantumScape, a company focused on developing solid-state lithium-metal batteries for electric vehicles, has garnered attention for his substantial compensation. In 2022, Singh earned a salary of $5.8 million (approximately Rs 48 crore), which equates to about Rs 13 lakh daily. This high compensation was part of a broader package that included stock options and bonuses, reflecting his significant role in leading QuantumScape towards its goal of revolutionizing battery technology. Despite stepping down as CEO, Singh remains a key figure in the company, now serving as the chairman of the board, while the company continues its efforts to commercialize its innovative battery technology.

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