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Home / Business and Economy / From India to Global Unicorn: Darwinbox's HR Tech Journey

From India to Global Unicorn: Darwinbox's HR Tech Journey

27 Jan

•

Summary

  • Darwinbox serves over 1,000 enterprises in 100+ countries.
  • Company founded in Hyderabad in 2015 by IIT and IIM graduates.
  • Became a unicorn in January 2022 with $72 million Series D.
From India to Global Unicorn: Darwinbox's HR Tech Journey

Founded in Hyderabad in 2015 by IIT Madras and IIM Lucknow graduates, Darwinbox has evolved from an India-centric HR solution to a global enterprise platform. The company now serves over 1,000 enterprises across more than 100 countries, impacting over 4 million staff.

Initially addressing a gap in modern HR technology for emerging markets, Darwinbox expanded strategically across Southeast Asia, West Asia, and recently into the US. The firm's growth was catalyzed by becoming a unicorn in January 2022, following a $72 million Series D funding round, with cumulative funding surpassing $250 million.

Darwinbox's success stems from its focus on a unified HR platform tailored to the complexities of local markets, contrasting with global platforms that often struggled with regional variations. This approach addresses the evolving needs of the modern workplace and the increasing strategic importance of HR functions.

The company achieved significant financial scaling, with revenue reaching Rs 534 crore in FY25, a substantial increase from Rs 34 crore the previous year. This growth reflects its successful enterprise additions and international market expansion.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Darwinbox is a global HR tech platform that serves over 1,000 enterprises across more than 100 countries.
Darwinbox achieved unicorn status in January 2022 after raising $72 million in a Series D round.
Darwinbox started in India and has expanded across Southeast Asia, West Asia, and the US, now serving over 100 countries.

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