Darwinbox, a HR technology platform, has raised $15 million in a funding round — led by Salesforce Ventures.
This follows the company’s Series B round raised in September 2019 led by Sequoia Capital India with participation from existing investors Lightspeed India, Endiya Partners, and 3one4 Capital.
Darwinbox has raised $35 million to date.
Darwinbox is founded by Chaitanya Peddi, Jayant Paleti and Rohit Chennamaneni. Darwinbox competes with SAP, Oracle and other established vendors.
“More and more enterprises are abandoning legacy offerings in favor of modern, agile HCM platform that helps them stay ahead of change,” says Jayant Paleti, co-founder of Darwinbox.
Darwinbox’s HR technology powers more than 500 global enterprises with over 1 million employees spread across 60 countries.
Adani, Mahindra, Kotak, TVS, Arvind, NSE, Ujjivan Small Finance Bank, Bharti AXA, Dr.Reddy’s, Nivea, Puma, T-Systems, Swiggy, Bigbasket and Delhivery are some of the main users of Darwinbox’s HR technology platform.