- Darwinbox has raised $140 million in funding co-led by Partners Group and KKR, bringing its total funding to over $255 million.
- The company has recorded a fivefold increase in international revenue over the past two years, with 60% of new revenue coming from outside India.
HR technology platform Darwinbox has secured $140 million in funding, co-led by Partners Group and KKR, with additional participation from Gravity Holdings. The investment will support Darwinbox’s global expansion and enhance its research and development efforts.
Founded in 2015 by Jayant Paleti, Rohit Chennamaneni, and Chaitanya Peddi, Darwinbox has now raised over $255 million in total funding. The company previously secured $72 million in its Series D round in January 2022, achieving unicorn status. Darwinbox provides enterprises with a mobile-first, AI-driven HR platform designed to streamline HR processes.
“This investment is a testament to Darwinbox’s strong fundamentals and the trust we have earned from our 1,000+ global customer base,” said Jayant Paleti, Co‐founder of Darwinbox.
Darwinbox has a presence across Asia Pacific, the Middle East, the UK, and the US, with growing traction in Southeast Asia and India. It has recently opened offices in Saudi Arabia, the UAE, and the US. Over the past two years, the company has recorded a fivefold increase in international revenue, with more than 60% of new revenue coming from outside India. The latest funding will help Darwinbox expand into new markets and advance its AI-powered HR technology.
Known for its employee-centric platform, Darwinbox integrates payroll, talent acquisition, and people analytics into a single cloud-based system. The company continues to roll out new AI-powered features and is developing AI-driven assistants to support HR teams with hiring and engagement.
Darwinbox’s client list includes Starbucks, AXA, Nivea, Cigna, and WeWork, with over 3 million employees from more than 1,000 enterprises using the platform.
Edited by Harshajit Sarmah
