• Education: Btech Tier 3
• Years of Experience: 3.8 years
• Prior Experience: Product based companies
• Previous compensation: INR 15L + 1.5L performance bonus
• Date of the Offer: April 2021
• Company: Paypal
• Title/Level: Software Engineer 3 (T24)
• Location: Bangalore
• Base Salary: INR 24.75L
• Annual Bonus: INR 2.47L
• Stock bonus: INR 7.45L per year for 3 years
• Signing Bonus: INR 3L
• Total comp (Salary + Bonus + Stock): INR 35L per annum + 3L Joining Bonus(One time)
• Benefits: Standard Paypal Benefits

Other offers:

• Reliance Jio: INR 23.5L + 2.35L + Joining bonus 2L + Retention Bonus 2.5L
• Paytm: Initial offer INR 23 + 1, was lowball, declined, they asked for offers in hand but I ignored since I had no interest to join there
• SAP: Initial Lowball offer of INR 18.5L + 4L Bonus which I declined, they wanted to offer more later but I lost interest.
• Natwest Group(Royal Bank of Scotland): INR 24L, declined
• JP Morgan and Chase: INR 25L, declined
• Priceline: INR 27L for Mumbai location, declined
• Blackhawk Network: INR 22L + 1L

Didn't try to negotiate with Reliance Jio using Paypal's offer, didn't feel intriguing to me.
All offers were for Bangalore Location except for Priceline(Mumbai).