Vineeth K, a startup founder, has provided insights into the salary landscape of Bengaluru's technology sector, countering the belief that ₹70 lakh per annum salaries are commonplace. He notes that 80% of engineers earn below ₹40 lakh, with many employed by IT service firms such as TCS, Infosys, and Wipro, where salaries typically range from ₹3 lakh to ₹20 lakh. Mid-level product companies, employing about 20-25% of the workforce, offer salaries between ₹15 lakh and ₹45 lakh, while only a small fraction of professionals, around 5-10%, work at well-funded startups and unicorns, where salaries can reach up to ₹70 lakh. The elite firms, comprising just 2-5% of the market, provide starting salaries of ₹40 lakh and can exceed ₹1 crore. Overall, the average salary in Bengaluru's tech sector is estimated to be around ₹18-20 lakh per year, indicating that high salaries are concentrated among top performers rather than being the norm.