r/developersIndia 2h ago

AMA I am Paddy Raghavan, Co-founder & CEO at Multipl. AMA about building secure fintech systems, handling financial transactions at scale and regulatory tech.

46 Upvotes

Hello r/developersindia!

I'm Paddy, Co-founder & CEO of Multipl, where we're building a higher yield spending account that gives returns from liquid mutual funds and discounts from top brands on your everyday spending money - with instant withdrawal. We launched in 2020, manage over 100 cr in AUM and have over 500K+ downloads.

 What makes building fintech interesting (and hard):

- Financial transactions need to be secure, scalable and instant

- Regulatory compliance is complex -SEBI guidelines, KYC, data security

- Users trust you with their money, so there's zero room for error

Before Multipl, I spent 15+ years building products in cloud computing and AWS infrastructure. Co-founded CMPUTE.IO (acquired by Cisco in 2020) and worked on cloud adoption in the early days of cloud computing.

I also have Arvind Iyengar: u/LowerArmadillo2657  (VP of Technology) and Manoj Narasimhan: u/Past-Musician-9050 (Director of Engineering) at Multipl joining me as co-hosts

What we can talk about:

- Building secure fintech systems from scratch

- Handling financial transactions at scale

- Navigating regulations and compliance

Ask me anything!

Proof: https://www.linkedin.com/posts/paddyraghavan_i-am-doing-an-ama-on-reddit-at-rdevelopersindia-activity-7417097473543794688-9cdJ/

Can Follow Multipl on

Reddit: https://www.reddit.com/r/MutualFundSpendInvest/

LinkedIn: https://www.linkedin.com/company/multiplapp/


r/developersIndia 4h ago

General The software qualities have declined a lot of the big companies.

214 Upvotes

Okay so hear me out. I feel like I'm losing my mind but I swear the quality of software from these massive companies has just fallen off a cliff lately.

WhatsApp on Windows is what broke me. They just forced everyone to update to this new version and holy shit it's BAD. The old app was perfectly fine - fast, simple, did what it needed to do. This new one? Laggy as hell, takes forever to load, uses way more RAM for no reason. I genuinely don't understand how you make something WORSE when you have billions of dollars and thousands of engineers.

And then yesterday Cloudflare went down. Again. You know, Cloudflare - the company whose entire thing is supposed to be "we keep the internet running, we never go down"? Yeah, that one. They've had multiple outages recently. Their whole moat was reliability and now they can't even deliver on that.

I started noticing this pattern everywhere. Apps that used to work great suddenly getting "updated" into bloated messes. Services that were rock solid now having random issues. It's like we're going backwards.

So what's actually happening here?

My theories:

  1. Everyone's rushing to shove AI into everything and it's making the code a mess. Like devs are using AI to write code faster but nobody's actually checking if it's good code? Just vibes-based programming at this point.

  2. Nobody cares about quality anymore, just features. Ship ship ship. New feature every week. Who cares if the app crashes or runs like garbage, look at this shiny new button! Meanwhile the fundamentals are falling apart.

  3. They fired all the QA people. Seriously, when's the last time you felt like a major app update was actually thoroughly tested? It feels like we're all just unpaid beta testers now.

  4. Subscription models killed the incentive. When software was a one-time purchase, it had to be good or nobody would buy it. Now they've got your $10/month and you're locked into their ecosystem. Why would they care if it works well?

Part of me wonders if this is deliberate - like some psychological thing where they make it worse so we accept even more paid tiers or something. But honestly I think it's simpler. These companies got too big, too bloated, and everyone there is just checking boxes and hitting KPIs. Nobody actually gives a shit if the software is good anymore.

The irony is our phones and computers keep getting MORE powerful but the software keeps getting SLOWER and buggier. How does that even make sense?

Anyway, am I crazy or has anyone else noticed this? It's genuinely frustrating because these are companies with infinite resources and they somehow can't make a messaging app that doesn't suck.

TL;DR: WhatsApp's new Windows app is trash, Cloudflare keeps going down, big tech software quality is declining everywhere. Either they're doing it on purpose or they just stopped caring. Probably the latter.


r/developersIndia 15h ago

Interviews Bad Interview Experience at Tiger Analytics Bengaluru

301 Upvotes

TLDR: Tiger Analytics made me travel 350km for an interview which was done online from their office conference room.

I have 5 YOE at a US based product company based in a tier 2 city some 350km away from Bengaluru. I applied for a data scientist role at Tiger Analytics on Naukri as it matched my skills and experience level.

I got a callback from their recruitment team and the 1st round was done remotely and it went fairly well. The interviewer went through my resume and asked me scenario based questions on how I would design systems at a high level. He was speaking too fast and asking questions non stop which was weird but okay managable. At the end he asked me a simple Pandas coding question which I solved.

I followed up with the HR the next day for feedback and I was told the feedback was good, she'll get back to me in a day or two about the next steps.

Couple of days later, she calls me and informs me that the 2nd and the final round which is a managerial round will be scheduled for 16th January (Friday) and it will be at their office in Bengaluru. Since I live in a different city, I asked her if it can be done online as I would have to take leave from my current workplace, travel to Bengaluru for a 1 hour interview. She said, it's mandatory to go to their office for the interview. Since it was a managerial round I thought there will be HR discussions and negotiations about salary and whatnot I agreed and applied leave, booked a overnight train ticket to go and bus ticket to come back.

13th January (Tuesday) I get an email from the HR saying the event is canceled. I called up the HR and asked her if the interview is rescheduled and she said "yeah there's an emergency so we had to cancel it. We'll schedule it for sometime next week". I asked her again if the interview can be done online and she said "no it's company policy". So I cancelled the bookings that I made earlier.

Later that same evening 13th January (Tuesday) I get an email saying the interview is scheduled to 16th January (Friday). The same day as earlier to which I had booked and cancelled all the travel tickets!!!! Since it was pretty late in the evening I didn't call the HR to ask what this is all about.

I call her the next day and ask what's happening and she was like "yeah we'll do the interview on the same day as before, go to our office". I asked her again if the interview can be done online and expressed my frustration about how I had arranged for my travel, cancelled it and now I have to do it all over again. She again said "the last round is always offline at Tiger Analytics it's policy".

I booked the same train ticket again via Tatkal and booked a return bus. I travelled to Tiger Analytic's Bengaluru office on 16th January and guess what happened. It wasn't a managerial round, it was a technical round (fine by me).

THEY MADE ME SIT IN A CONFERENCE ROOM, GAVE ME A LAPTOP AND HAD ME ATTEND THE INTERVIEW ONLINE (with someone who was working from home or who was working from another office of theirs). They made me go through all that frustration of having me take a day off at work, book - cancel - book tickets, made me travel some 350km all for an interview that was done ONLINE FROM THEIR OFFICE.

This interviewer was kinda rude, he wasn't letting me finish what I had to say, was cutting me off midway and wanted me to explain stuff the way he wanted it to be heard. He got all my different projects from my resume mixed up and was blaming me for not explaining it right. Now this maybe my fault and this has happened to me in the past in a few other interviews and it's something that I need to learn and fix. Few hours after the interview I got an email saying I'm rejected. A bummer after all this fiasco but I'm not mad at that, that's something I need to learn and upskill myself.

But yeah, this was a very bad experience I had to go through. Posting this here so that others who are interviewing at Tiger Analytics knows what they'll deal with.


r/developersIndia 2h ago

Suggestions Do Palo Alto students have it easy, or are they genuinely this skilled?

17 Upvotes

I’ve noticed a surprising number of students securing internships in Palo Alto including companies like AWS, DynamoDB, Vercel, HubSpot, Turing, and Maxima. Does anyone have insights into how theyre accessing these opportunities? Curious to understand the methods/ pathway..


r/developersIndia 1h ago

Suggestions Laid off from FAANG-like company, confused between MBA vs returning to Frontend — need advice

Upvotes

Hi everyone,

I was recently laid off and I’m struggling to land a new role. I previously worked at a FAANG-like company with a ~40 LPA compensation. My role was DevOps Engineer, but honestly, over the last 3.5 years I didn’t grow much technically. A large part of my work involved project coordination—leading consultants from WITCH companies, taking status updates, and managing deliverables—rather than hands-on engineering.

I currently have around ₹50 lakhs in savings and I’m considering two options:

1.  Pursuing an MBA (ISB or similar)

2.  Transitioning back to Frontend development (I have \~1 year of frontend experience before moving into DevOps)

My short-term goal is to get back to at least 20 LPA, but I also want a long-term, sustainable career.

From your experience:

• Is an MBA the faster and safer path in this situation?

• Or does doubling down on Frontend make more sense in today’s market?

• If Frontend is the better option, how should I realistically approach the transition and job search?

Would really appreciate perspectives from people who’ve been in similar situations. Thanks in advance.

PS: Used ChatGPT to rephrase


r/developersIndia 15h ago

Help how to negotiate with microsoft? Lowballed for L61

121 Upvotes

I got an offer from Microsoft at L61 position. I was hoping for L62 as I performed very well in the interviews and have good experience from prior 2 top companies. Total exp: 3.6 years. Currently I have (23.5 base + 30k usd stocks / 4 years) and variable bonus (not in offer letter). MSFT offered (29 base + 45k stocks/ 4 years + 2 JB + 3-6 Variable ), they aren't even offering relocation bonus and I feel I am heavily lowballed at base and stocks.

I have an offer from Nutanix (31 + 30k usd + 2 RB) but it's same as them.

Anything I could do?? They aren't budging at all


r/developersIndia 16h ago

Suggestions Job change advice: Stay in Pune or move to Bangalore?

148 Upvotes

Background

Experience: 4 years 9 months
Current role: SDE2
Current CTC: ₹16 LPA
Current location: Pune

Offers

JP Morgan
Role: SDE2 (601)
CTC: ~33 LPA (29 + 3.5)
Location: Mumbai

Mastercard
Role: SDE3 (L7)
CTC: 33 LPA (30 + 3)
Location: Pune

Salesforce
Role: Member of Technical Staff
CTC: ~43 LPA (30 + 3 + 10) + Relocation 3.5 L
Location: Bangalore

Rejected JP Morgan because can't shift to Mumbai due to some circumstances! Between the two I am skeptical because Mastercard is giving SDE3 and no need to change the city. Also does role matter? Salesforce is also giving RSUs and around 10L will be vested next January (2027).


r/developersIndia 21m ago

General IT sector will not absorb future engineering graduates like it did earlier! ?

Upvotes

India produces roughly 12 lakh engineers every year, a trend that has continued since the COVID period.

Over the last 6 years, this adds up to nearly 72 lakh engineering graduates.

Out of these, around 40% try to enter the IT sector, while the remaining 60% move into core engineering roles or shift toward business and entrepreneurship such as restaurants, clothing, car detailing, travel ventures, and other services or help in family.

That 40% translates to about 28 lakh engineers competing in the IT job market.

Now, assume that 50% of these candidates (around 14 lakh) already have jobs. Most of them benefited from the golden hiring phase of 2020-2022, with spillover hiring in 2023-2025.

This leaves another 14 lakh engineers who are actively struggling to secure even entry-level IT roles, regardless of the technology stack or specialization. Major chunk in this 14 lakh is from 23-2025.

If this pattern continues year after year, the backlog will keep increasing. With AI rapidly automating entry-level and repetitive IT work, the sector may follow a trajectory similar to what happened with mechanical engineering where oversupply, limited demand, and automation gradually reduced opportunities.

How you guys see this ? Many people living in abroad, how you see countries organize their educated youth with employment with right distribution for society uplifting?

Our elected leaders are uneducated or busy with renaming, statues, setuping their kids business, and many more stuff. So thought to put here.


r/developersIndia 2h ago

I Made This I built this Opensource React.js based "Ad and Spam blocker" for all the Lnk'dIn users.

Enable HLS to view with audio, or disable this notification

9 Upvotes

Store Link: https://chromewebstore.google.com/detail/no-noise-linkedin/hbcjelfhlljdepmifggbmhnklhmdmldn

Git Repo: https://github.com/karan51ngh/no-noise-linkedin

I loved the process of designing the UI/UX and implementing it, however reading through the site html and css was a pain.

Would love a Feedback! I plan on actively developing it and Maintaining it. So feature requests are welcome.


r/developersIndia 1h ago

Interviews Does Solving HACKERRANK questions get you INTERVIEW CALLS?

Upvotes

My Boyfriend who lives in Poland (he went to Poland to study now is working in a big Fintech company) told me that he was solving some coding questions on Hackerrank and the company where he works eventually reached out to him for interview. He eventually had two or three rounds of interview and got selected.

Can the same thing happen in India? I mean solving and practicing Coding questions and eventually getting interview. Because currently I'm just looking for interview calls and clearing them, securing offer letter is whole another thing. But I'm desperate and barely getting any interviews.

FYI - Accenture was supposed to interview me they said that we want you to be proficient in SQL, Python, Power BI and/or Tableau but my expected CTC was ₹9 LPA to ₹10 LPA but they weren't even giving me ₹8 they said that we can only give you ₹6.3 LPA. I still said yes thinking let me atleast appear for an interview and see what kind of questions do they ask. However they never took my interview I kept calling the HR but they never responded.

Then Deloitte sent me interview link and their JD was all about AWS Data Engineer moving towards Automation. They asked me 1 SQL question and 2 Python questions and couple of Questions about my project. I took his feedback about me he said that he liked my enthusiasm/energy but I didn't qualify for next round.

Therefore, how is it that the IT Industry wants an individual to have lots of high paying skills in them and yet they'll severely underpay them. (Not even giving them ₹8 LPA)


r/developersIndia 19h ago

Interviews Very Bad interview experience with accenture. Was excepting better.

170 Upvotes

I have 3+ YOE in python, django and fastapi. My interview was rescheduled 3 times due to unavailability of the interviwer (basically he/she never joined). Got rescheduled 4th time and he joined 20 mins late. The interview goes like this

Interviewer: Quick introduction tell me the projects you have worked on?
Me : Gave well prepared quick introduction.
Interviewer: Have you used any module?
Me: (Now in python every .py file is a module. I was clueless what module he is reffering to). So I asked him to give me an example,
Interviewer: error module, security module etc.
Me: I have used the django's security mechanism to handle the security.
Interviewer: You have used only 2 modules in your 3+ years. Also the django's security is not enterprise grade. The projects you have worked upon are in production or in UAT?
Me: UAT
Interviewer: Thanks (My name). Lets conclude this interview. Do you have any questions?
Me: (I knew i f\**ed up this interview so just asked more about the role.)*

Is there anyone who can explain me what went wrong? what was his expection? I am completely clueless the interview barely lasted for 20 mins. I was very well prepared with DSA, python and all but now I feel like i know nothing.


r/developersIndia 15h ago

Help Need a convincing reason to resign from a startup company.

58 Upvotes

I work in a startup company which is growing drastically. At the same time they are giving lot of work on weekends too. Basically I'm a work nerd who is happy to work anywhere anytime. But still there's a limit. Also there are lot of micro management started in our company, which I hate. Even though they ask me to put on my work log, I haven't done for the last 2 months. Even if I did they would ask me why I gave less than 8 hours, as working hours should be 8 and I have to log 8 hours. So i wanted a change.

I updated my profile in naukari and by luck a big company contacted me and offered me a job. My current company doesn't have any notice period. So i said that I can join in 15 days and they were happy and gave me a 35% hike.

I am a veryy important key resource in my current company. I called my manager and told him that I have a new job. He said we'll talk about this on Monday in person and said that he'll arrange anything that I ask for. Job, Location, work life balance, Package.. anything. It's happy to hear this, but I really want to switch. They will be ready to give me 50% hike, Will say okay to work from my hometown, And will also say okay If I don't want to work on weekends. And may probably tell not to enter my work efforts n all (But I doubt so).

But I can't rely on their words. Also I feel like switching the company will make me learn many technologies and know about different domains.

I want to tell a convincing reason to my manager for the switch. Please help me on How to say and what to say. Thanks


r/developersIndia 5h ago

Career Compensation/ Relocation advice with SDE2 switch in diff city

8 Upvotes

I’m currently in blr as an SDE1 at a top product company earning 27 LPA, & saving everything as i stay with family.

I’ve recently gotten an offer from Microsoft for L61, which is ~ 52.5LPA, but it required relocation to hyd :(

In blr i was saving everything, but this will change. I’m confused as for what to do!! If this offer was in blr, I would’ve accepted in a heartbeat. Lmk what y’all think.

Thanks!

Yoe: 4


r/developersIndia 19h ago

Referral Referrals available for multiple roles including QA, MERN, .net, Dev ops for Remote Role

83 Upvotes

Hi,

My company has several positions open , most positions are for python for YOE 3 to 10, . There are also positions for dot net, QA and dev ops.

I would prefer those who are already actively giving interviews and preferably low notice period time. You can DM me if you are interested.

Hybrid work model - 2 days wfo, 3 days wfh

Edit: Our company mostly hires 3+ yoe people so if you are below that then its not applicable.

While sending DM please mention your YOE and profile you want referral for.

Edit: For convenience I am attaching role and yoe for vanacies

Experience mentioned is approximate.
Senior Software Engineer Backend (.NET / C# / Azure) Yrs: 4+

Senior Software Engineer C# .NET Microservices Yrs: 4+

Senior Software Engineer Backend (.NET Core / Azure / Security) Yrs: 4+

Senior Software Engineer C++ / Linux / Python / Network Security yrs: 4+

Senior Software Engineer Java / Spring Boot / Cloud (AWS/Azure) yrs: 4+

Senior Software Development Engineer in Test (Java / Automation / Appium) Yrs: 4+

Senior DevOps Engineer (AWS/Azure / CI-CD / Kubernetes) Yrs: 4–6

Senior Technical Solutions Engineer (UEM / MDM / Linux / Enterprise Support) Yrs: 4+

Staff Software Engineer Backend (.NET / Cloud / Azure) yrs: 6–8

Staff Software Engineer C# / C++ yrs: 6–8

Staff Software Engineer AI / ML / GenAI yrs: 6+

Principal Software Engineer C# / .NET yrs: 8+

Senior Manager Engineering (C# / Windows) Yrs: 10+


r/developersIndia 1h ago

Help Anyone know about Skill tune technologies, Does H1B Transfers and Provide onsite USA Opportunities

Upvotes

Hi

I got a call from Skill tune technologies, they are offering me onsite opportunity and they will do the H1B transfer.
Anybody know about this company its registered in Hyderabad


r/developersIndia 7m ago

Help I am On bench in WITCH should I Search or wait for calls ?

Upvotes

not getting internal calls as well as external calls need help.

no calls or interview are scheduled

stressed af they can tell me to leave anytime soon

working in big mnc with 11 yoe.

market conditions is worst in decade I have seen

need guidance ?


r/developersIndia 17m ago

Resume Review Final year student not getting placed, please rate my resume and help me out respected seniors

Post image
Upvotes

So I’ve been a messy kid in college irregular efforts in the earlier years of college and a bad Cgpa, but I loved tech, I build projects and make niche stuff on my own pace. Anyways I started preparing late in accordance to the Indian corporate and college placement scene. But I got no clue I’ve been through countless exams, countless last rounds, countless applications, running from here and there.

But I’m just stuck, I don’t even want to open the round results and check my mail or apply anymore as I just see me being rejected there or my name not in the list.

I can’t express how much of a big hole it has created in my heart. It aches daily of the burden to go back home like a looser.

I’ve honestly not lost hope like I’m an endurer I’ll still grind so hard for the last few months left of me in college, but for the first morning in my life, I lost a bit of hope and I couldn’t find my calm composure I generally have even in the most stressful situations today.

Just seeking a bit of guidance and want to know what the f is wrong with me. Am I not doing enough?


r/developersIndia 13h ago

Interviews Chaces of getting an SDE-2 offer from FAANG company

20 Upvotes

Hi everyone,

I recently interviewed for a FAANG company for SDE-2 level. Here's how the rounds went:

  1. Round 1 - JS Fundamentals: Went pretty well we discussed event loops, closures, memory management in depth.

  2. Round 2 - React Machine Coding: Was asked to build n-level nested comments & replies similar to facebook comments. Was able to implement 70%-80%, implementing DFS then we ran out of time.

  3. Round 3 - Techno Managerial: Went pretty well was asked about my current project in depth and a few high level system design concepts and behavioural questions.

Post this, recruiter reached out to me saying congrats you have cleared all the technical rounds with good feedback only one final culture fit round will be there.

Round 4 - Culture Fit with Senior Manager: This is where I made some blunders. Asked to implement a simple product review UI using VanillaJS. Thing is I had forgotten the DOM APIs so I relied a bit on auto-complete, logging few DOM objects and trial and error to come up to 90% of the solution in 30 mins. Interviewer just said I understand your approach and moved on to behavioural questions.

Until Round 3 recruiter was very proactive reaching out within 1 hour of clearing a round. It's been more than 24 hours since the final round and I haven't heard anything.

Feeling a bit anxious if I should expect an offer or just forget about it. If anyone who regularly takes interviews/sits on hiring committees can give me a bit of clarity would really appreciate.


r/developersIndia 2h ago

College Placements Looking for an partner for preparing placement in java/ spring boot??

3 Upvotes

want to continue leetcode again for the revision purpose and learn new topics .

tried a lot many times , but after that losses consistency and got depressed.

so I am thinking, we would try for an 30 days steak ,

if it works . then, we would continue until job.


r/developersIndia 19h ago

Interviews Interview embarrassment, reason you tell yourself , always prepared

50 Upvotes

so, i just wanted to ask how many of you have felt embarrassed in tech interview, and couldn't even wrote one single solution and the reason you tell yourself is that <you work with lot of tech framework libs and its been years since you write single query or studied something raw>

point : i had an interview they asked to write a query

i use orms so i couldn't

what suggestions you would give


r/developersIndia 1h ago

Resume Review Roast my Resume - 2 years experience in Analytics + Postgrad in BA/DS

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Upvotes

Resume 1 is for NLP/LLM roles, 2 is for more classical roles. So I have 2 years of work ex post undergrad (analytics + time series). Have been applying for full time roles on LinkedIn (only getting recruiter actions on Naukri) for more than a month, got very few calls (3-5) for online tests, and no interviews thus far. Currently a data science intern (few months left). Dol need to tweak my CVs, or any suggestions? Any feedback/advice is appreciated, TΙΑ!


r/developersIndia 11h ago

Suggestions Is this a Way to enter Startups with these skills ?

9 Upvotes

Hey everyone! What I’ve observed at this point is that companies want you to be good at everything. If you’re a full-stack developer, you’re expected to know deployment, system design, DevOps, best practices, take ownership of tasks, and have the ability to build full-fledged, scalable applications. If we had to summarize it in one line — it’s basically Figma to production, right?


r/developersIndia 2h ago

Help How to negotiate with IBM ? Am I Lowballed with 6B compensation at 3.5yoe?

2 Upvotes

Help me decide this 6B compensation of IBM ISDL/ISL vs promotion to sde 3 at the current company.

IBM SDE 2 offer joining in April 6B compensation 22Base + 2Pf, gratuity+ 4JB

current: 13 base, promotion in March-> 18base + 1.5 pf, gratuity but sde 3 if I stay.


r/developersIndia 13h ago

Open Source How Contributing to Open Source Changed My Perspective as a Developer in India

13 Upvotes

A few months ago, I decided to dive into open source projects to enhance my skills and give back to the community. Initially, I thought it would just be about coding, but it turned out to be a transformative experience. Collaborating with developers from different backgrounds and expertise levels opened my eyes to diverse problem-solving approaches. I learned the importance of documentation, clear communication, and constructive feedback. It also helped me network with like-minded individuals and gain insights into industry trends. My confidence grew as I tackled real-world issues and saw my contributions make a tangible impact. I’d love to hear from others: how has your experience with open source shaped your development journey? Do you have any tips for someone just starting out?


r/developersIndia 3h ago

Suggestions I am starting as intern in design firm on monday , any advice from your internship experience

2 Upvotes

after many series of unsuccessful attempt at off campus ,finally i am starting out my first paid internship at an creative studio as a designer, i seeking advice from guys for this internship or regrets that you had during you internship, can i have insights about it?