The numbers of bot millionaires, including in India, are rising rapidly as valuations of robotic process automation (RPA) firms like Ui-Path and Blue Prism soar. These companies have been very liberal in offering stock options to employees.
UiPath, which has 400 employees in India, offers stock options to every employee. The enterprise RPA company has around 30 senior employees at the level of director and above whose options are worth between Rs 1 crore and Rs 3 crore. Vicepresidents in UiPath get an average of 12,000 options.