Darwinbox

Darwinbox
Founded2015
FounderJayant Paleti, Rohit Chennamaneni, Chaitanya Peddi and Vineet Singh
Headquarters
Singapore
Websitedarwinbox.com
Footnotes / references
[1][2][3]

Darwinbox is an AI-powered cloud HCM suite platform, headquartered in Singapore.[4][5][6] The platform is a Human capital management (HCM) suite designed to help enterprises and growing organizations automate day-to-day HR operations.[7][8]

History

Darwinbox was launched in 2015 by Jayant Paleti, Rohit Chennamaneni, Chaitanya Peddi and Vineet Singh.[4]

In February 2021, The Filipino conglomerate JG Summit Holdings partnered with Darwinbox[9] and in October 2025, it expanded its partnership with Darwinbox.[10]

In 2022 Darwinbox became a unicorn, valued at over $1B.[11][12]

In January 2023, Microsoft invested in Darwinbox.[13] In 2024, Darwinbox elevates its CTO Vineet Singh as fourth Co-Founder.[14]

In March 2025, Darwinbox raised $140 million by Partners Group and KKR & Co. to accelerate global expansion.[15] [16]

In August 2025, Darwinbox received $40 million funding from Canada's Ontario Teachers' Pension Plan.[17]

As of 2025, more than 4 million employees across approximately 130 countries use the Darwinbox platform.[18][19]

Recognitions

In 2021, Darwinbox becomes the Youngest and Only Asian Player to Feature on Gartner's Magic Quadrant for cloud HCM suite.[20] In 2025, Darwinbox named Challenger in Gartner® Magic Quadrant for the second consecutive year, accelerating AI in HCM.[21]

References

  1. ^ "Darwinbox Case Study | ETHRWorldSEA". ETHRWorld.com. The Economic Times.
  2. ^ "Case Study: How Darwinbox Transformed Self-Service at the Speed of SaaS". Fluid Topics.
  3. ^ "Case Study: Darwinbox – Multitenant Application Protection" (PDF). IndusFace.
  4. ^ a b "SAP, Oracle, HR tech: David, Goliath & the Unicorn: How Darwinbox got its HR box seat". www.forbesindia.com. Forbes.
  5. ^ "Darwinbox completes Rs 86-crore Esop buyback from 350 employees". The Economic Times. The Economic Times. 24 June 2025.
  6. ^ Manchanda, Mukul. "Exclusive: Darwinbox adds $21 Mn worth of ESOP for employees". entrackr.com.
  7. ^ Sarmah, Avilasha. "Reinventing HR for business resilience: Unilab's Darwinbox-powered transformation". PeopleMatters.com. People Matters.
  8. ^ "Darwinbox HubSpot for Startups Customer Story". www.hubspot.com. HubSpot.
  9. ^ "JG Summit partners with modern HR tech platform Darwinbox". Manila Standard. 19 February 2021.
  10. ^ "JG Summit and Darwinbox Expand Partnership for Future-r..." www.jgsummit.com.ph.
  11. ^ "AJVC Unfiltered 43: Can Darwinbox Reimagine Human Capital from India to the World by Founders Unfiltered". Spotify for Creators. Spotify.
  12. ^ "Darwinbox buys back $10 million ESOPs with 3rd such round in 4 yrs". The Times of India. The Times of India. 24 June 2025.
  13. ^ "Microsoft Invests in Human Resources Software Unicorn Darwinbox". Bloomberg.com. Bloomberg L.P.
  14. ^ "Hyderabad HRTech unicorn Darwinbox elevates CTO as fourth co-founder". The Times of India. The Times of India. 30 August 2024.
  15. ^ "Software Unicorn Darwinbox Wins KKR, Partners Group Funding". Bloomberg. Bloomberg L.P.
  16. ^ Lunden, Ingrid (5 March 2025). "Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling". TechCrunch. TechCrunch.
  17. ^ "Darwinbox secures $40 million funding from Canada's OTPP". The Economic Times. 14 August 2025.
  18. ^ "Darwinbox named challenger in Gartner Magic Quadrant for second year". Khaleej Times. Khaleej Times.
  19. ^ "Evolution in action? Darwinbox rapidly develops agentic AI mass". diginomica.com. 20 October 2025.
  20. ^ "Darwinbox becomes the Youngest & Only Asian Player to Feature on Gartner's Magic Quadrant for Cloud HCM Suites 2021". ETHRWorld.com. The Economic Times.
  21. ^ "Darwinbox named challenger in Gartner Magic Quadrant for second year". KhaleejTimes.com. Khaleej Times.

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