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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.

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.




