Education: B.Tech from Tier-3
Experience: 2 years 11 months
Month of Offer: April 2022
Company: Paytm
Level: Senior Software Engineer (Designation: MG02A)
Salary: 23,00,000 INR (including My PF contribution, Gratuity)
Joining Bonus: 0

Benefits: Standard Paytm benefits
ESOPs: 235 units vested over 5 years (10%,20%,20%,25%,25%)
Prev CTC: ~INR 16L (Base + Bonuses)

Given only two days to accept the offer.
HR also put a bond of 1L for 18 months.
Also, as per the offer letter, the PF amount is set to 1800 only and not as per 12% of basic.

Bond is a red flag for me and I am going to reject this.

Update: Negotiated and got the bond removed.