Darwinbox is a new age, end-to-end integrated HR system founded in 2015 and partnered in 2019, which is built for large enterprises to drive talent towards the right place, engage with them and nurture them.
The team backed up with the best leaders, including Rohit Chennamaneni, Chaitanya Peddi, and Jayant Paleti.
It streams all the HR system modules like attendance, performance, recruitment, expense, recognition, rewards, and travel. It displays all the employee’s activities from onboarding to exit and maintains the records.
ABOUT THE DARWINBOX COMPANY
The platform users can upload the employee database, company calendars, permissions, and organizational charts with a vision to change the work environment and the interaction between the workforce and the management.
It has become the most preferred HR platform used by 500+ companies and unicorns worldwide to evaluate the record and the lifecycle of the employees such as Swiggy, Kotak, Paytm, Myntra, and Mahindra.
DARWINBOX BUSINESS MODEL
Darwinbox Software has crossed the $1 billion mark and the total investment of $110 million in the Series D round. The company has grown twice as planned since the last fundraise in a year.
Backed up with total fundings of about $19.7 million, Darwinbox software has lured investors like Labs Capital, Lightspeed India Partners, Sequoia Capital India, StartupXseed Ventures, Tracxn Labs, 3one4 Capital, and Endiya Capital in.
Darwinbox software touched a huge milestone after it became a unicorn. Rohit humbly thanked the employees and the partners and ensured customers kept their faith and trust in them and put their trust in them with their company’s welfare. He thanked the investors and the employees.
MILESTONE ACHIEVED
With the latest fundraising, Darwinbox was charged to conquer the global market with its services and accelerate the expansion plan by innovating and strengthening the product and tools.
It became the first software as a service-based HR platform to make it to a unicorn in 2022 and the 84th startup to make it to this exclusive club.
The Hyderabad-based startup has more than 700 employees and is working to extend the workforce across the thirteen offices.
Setting records for more startups to emerge and break them, Darwinbox is passionate and is led by an experienced team of three Telugu boys who founded the firm when the SaaS-based businesses were new and made it the fastest-growing startup.
They aim to grow 100% this year and have put their faith in their workforce. In addition, they are working on booting their ancillary services to integrate the HR tech ecosystem.
CONCLUSION
Darwinbox created the most innovative and agile solutions to focus on customer-centricity with the basic plan to manage and nurture talent using technology.
In a short duration of time, the company has attracted a lot of enterprise clients. The early reviews and recommendations of the customers and the investors were great, and it was the drive that took them from a startup to a member of the exclusive unicorn club.
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