Education: B.Tech CSE(Tier 3)
Years of Experience: 4.5
Prior Experience: startup
Date of the Offer: Feb 2021
Company: Paypal
Title/Level: SE 2 (Backend)
Location:Bangalore
Salary: 18 LPA
Relocation/Signing Bonus: 0
Stock bonus: 18000 USD (6000/year)
Bonus: 10% (1.8 LPA)
Total comp (Salary + Bonus + Stock): 18+4+1.8 = ~24 LPA (First year)
Benefits: Paypal standard benefits
Other details: Declined

I had other offer of 25 LPA(all fixed), so I asked them to raise the fixed part but they did not. Hence I declined

Worst part was that the hiring manager was negotiating the salary instead of the HR