HR Tech Unicorn Darwinbox Draws Major Buyer Interest

Human resource and payroll services provider Darwinbox is currently the subject of buyout discussions with major industry players including Microsoft, Salesforce, and ADP. These firms have reportedly approached Darwinbox's founders and board with acquisition proposals. This interest surfaces as Darwinbox, valued at around $1 billion following a $140 million funding round in March 2025, is also charting a course for a potential initial public offering within the next couple of years.

Microsoft and Salesforce are interested in integrating Darwinbox's payroll services into their existing product portfolios, while ADP aims to deepen its own expertise in the domain. The company's board is reportedly considering these offers. Darwinbox, founded in 2015, offers a suite of HR solutions covering recruitment, onboarding, payroll, and analytics for over 1,000 clients. As of the financial year 2025, Darwinbox saw its operating revenue surge by 50% to ₹533.9 crore, with international markets accounting for 63% of new sales.