Darwinbox, a Hyderabad, India-based provider of a human resource technology platform, received a $140M investment.
Backers included Partners Group, KKR and Gravity Holdings.
The company intends to use the funds to consolidate its market position and accelerate its international expansion plans.
Founded in 2015 and led by Jayant Paleti, Darwinbox is a global HR tech leader that empowers enterprises to manage their talent with new-age employee experiences and AI-powered technology. Its cloud-based human capital management (HCM) software caters to an organisation’s HR needs across the entire employee lifecycle. In less than a decade, the company has expanded internationally across multiple markets, including Asia Pacific, the Middle East, the United Kingdom, and the United States. Its solutions are used by over 3 million employees from more than 1000 enterprises across 130 countries including Starbucks, Nivea, AXA, Cigna, WeWork, Crisil (an S&P company), T-Systems, and more.
Over the last two years, Darwinbox has built a diversified global portfolio, having achieved a fivefold growth in revenue in international markets, with over 60% of new revenue coming from international markets.
FinSMEs
06/03/2025