Darwinbox Secures $140M Investment, Poised for Global Expansion
Deal News | Mar 10, 2025 | 3one4 Capital Advisors LLP
Darwinbox, Asia's largest HR technology platform, has successfully raised $140 million from Partners Group and KKR. This funding round marks a significant milestone for the India-based software company, providing strong validation for its innovative approach in the HR tech industry. Founded in 2016, Darwinbox has been on a rapid growth trajectory, powered by its advanced 'People OS' platform that integrates AI to streamline HR operations. The company now serves over 1,000 enterprises in more than 120 countries and reports substantial financial growth, achieving 100% CAGR in revenue over seven years. Initially seed-funded by 3one4 Capital, Darwinbox's journey from a startup to a global scale disruptor exemplifies the potential for Indian innovation in the global software sector. Proceeds from the latest funding are earmarked for further product development and global market expansion.
Sectors
- HR Technology
- Software-as-a-Service (SaaS)
Geography
- India – India is the home country of Darwinbox, where it successfully established its initial enterprise client base.
- Global – Darwinbox has a global reach, serving clients across over 120 countries, underscoring its international expansion and presence.
Industry
- HR Technology – Darwinbox operates in the HR technology sector, providing innovative HR solutions through its AI-integrated platform, 'People OS'.
- Software-as-a-Service (SaaS) – Darwinbox is a SaaS company, offering cloud-based HR solutions tailored for enterprises across the globe.
Financials
- $140 million – The amount raised by Darwinbox from Partners Group and KKR in its latest funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Darwinbox | Target | Company | An Indian HR tech startup providing advanced HR solutions through its cloud-based 'People OS' platform. |
| 3one4 Capital | Initial Investor | PE Firm | A venture capital firm that was one of the first institutional investors in Darwinbox, aiding its growth from inception. |
| Partners Group | Investor | Company | A global private markets investment manager, co-leading the $140 million funding round in Darwinbox. |
| KKR | Investor | Company | A leading global investment firm co-leading the recent funding round for Darwinbox. |
| Jayant Paleti | Co-Founder | Person | Co-founder of Darwinbox, instrumental in its strategic direction and growth. |
| Rohit Chennamaneni | Co-Founder | Person | Co-founder of Darwinbox, playing a crucial role in product development and business growth. |
| Chaitanya Peddi | Co-Founder | Person | Co-founder of Darwinbox, credited with developing the platform even before securing initial funding. |
| Pranav Pai | Founding Partner & CIO | Person | Co-founder of 3one4 Capital, involved in supporting Darwinbox's early-stage investments and growth. |