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Microsoft-Backed HR Unicorn Darwinbox Gets $140 Million From KKR,Partners Group

Darwinbox, an Indian HR tech startup, raised $140 million co-led by KKR and Partners Group for international expansion, especially in the U.S.
The funding round gives Darwinbox a valuation of $950 million, making it a down-round compared to its previous valuation of over $1 billion in 2022.
Darwinbox serves over 1,000 enterprise customers and manages employee administration for more than 3 million people, with about 60% of revenue coming from outside India.
Co-Founder Jayant Paleti highlighted the need for more AI in their products and mentioned his relocation to Texas to capitalize on the U.S. Market opportunity.

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Australian Financial Review

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Forbes

Microsoft-Backed HR Unicorn Darwinbox Gets $140 Million From KKR,Partners Group

The funding will help accelerate the global expansion of Darwinbox, a mobile-first and AI-enabled human capital management platform serving over 1,000 enterprises worldwide including Adidas and Starbucks.

9 days ago·United States

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TechCrunch

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Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling

Darwinbox, an Indian startup building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of

9 days ago·United States

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LionhearTV

Darwinbox Raises $140 Million Investment Co-led by Partners Group and KKR to Accelerate Global Expansion - LionhearTV

Darwinbox, a leading global human resource (“HR”) technology platform, today announced the signing of definitive agreements under which Partners Group, one of the largest firms in the global private markets industry (acting on behalf of its clients), and funds managed by KKR, a leading global investment firm, will co-lead an investment of $140 million in the company, with additional participation from Gravity Holdings. The addition of Partners G…

4 days ago

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fiinews.com

Invest: Darwinbox signs $140m funding pacts

Paleti ensures platform is deeply configurable Darwinbox, with five offices in India and a global network, has signed definitive agreements to raise US$140 million from Partners Group, one of the largest firms in the global private markets industry (acting on behalf of its clients) https://darwinbo/sg. KKR, a leading global investment firm, will co-lead the investment […] Source

7 days ago

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