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Indian HR tech firm Darwinbox secures $140m in funding
Hyderabad-based HR tech startup Darwinbox has secured US$140 million in a funding round co-led by Partners Group and KKR.
The funding will facilitate Darwinbox’s international expansion and enhance its technology platform.
The startup reports that 60% of its business now originates from global markets, with international revenue increasing fivefold in recent years.
Founded in 2015, Darwinbox offers a cloud-based HR management platform that includes recruitment, payroll, performance management, and employee engagement features.
Its clients include companies such as Starbucks, Nivea, AXA, and WeWork.
Recent DarwinBox developments
| Timeline |
|---|
14-Jun-2023 🚀 Philippine VC raises $12m to back SEA startups from the ground up
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17-Jan-2023 🤝 India-based Darwinbox inks strategic investment deal with Microsoft
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25-Jan-2022 📈 Salesforce-backed HR tech turns 🦄 with $72m fundraise
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19-Jan-2021 🚀 Salesforce’s venture arm leads $15m round for Indian HR tech firm Darwinbox
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| 26-Sep-2019 🚀 India’s Sequoia-backed HR software startup explains why it’s expanding to Southeast Asia |
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