Darwinbox
| Founded | 2015 |
|---|---|
| Founder | Jayant Paleti, Rohit Chennamaneni, Chaitanya Peddi and Vineet Singh |
| Headquarters | Singapore |
| Website | darwinbox |
| 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]
Darwinbox became the first HR technology platform to introduce a Model Context Protocol MCP server for AI integration in May 2025.[17]
In August 2025, Darwinbox received $40 million funding from Canada's Ontario Teachers' Pension Plan.[18]
As of 2025, more than 4 million employees across approximately 130 countries use the Darwinbox platform.[19][20]
Recognitions
In 2021, Darwinbox becomes the Youngest and Only Asian Player to Feature on Gartner's Magic Quadrant for cloud HCM suite.[21] In 2025, Darwinbox named Challenger in Gartner® Magic Quadrant for the second consecutive year, accelerating AI in HCM.[22]
References
- ^ "Darwinbox Case Study | ETHRWorldSEA". ETHRWorld.com. The Economic Times.
- ^ "Case Study: How Darwinbox Transformed Self-Service at the Speed of SaaS". Fluid Topics.
- ^ "Case Study: Darwinbox – Multitenant Application Protection" (PDF). IndusFace.
- ^ a b "SAP, Oracle, HR tech: David, Goliath & the Unicorn: How Darwinbox got its HR box seat". www.forbesindia.com. Forbes.
- ^ "Darwinbox completes Rs 86-crore Esop buyback from 350 employees". The Economic Times. The Economic Times. 24 June 2025.
- ^ Manchanda, Mukul. "Exclusive: Darwinbox adds $21 Mn worth of ESOP for employees". entrackr.com.
- ^ Sarmah, Avilasha. "Reinventing HR for business resilience: Unilab's Darwinbox-powered transformation". PeopleMatters.com. People Matters.
- ^ "Darwinbox HubSpot for Startups Customer Story". www.hubspot.com. HubSpot.
- ^ "JG Summit partners with modern HR tech platform Darwinbox". Manila Standard. 19 February 2021.
- ^ "JG Summit and Darwinbox Expand Partnership for Future-r..." www.jgsummit.com.ph.
- ^ "AJVC Unfiltered 43: Can Darwinbox Reimagine Human Capital from India to the World by Founders Unfiltered". Spotify for Creators. Spotify.
- ^ "Darwinbox buys back $10 million ESOPs with 3rd such round in 4 yrs". The Times of India. The Times of India. 24 June 2025.
- ^ "Microsoft Invests in Human Resources Software Unicorn Darwinbox". Bloomberg.com. Bloomberg L.P.
- ^ "Hyderabad HRTech unicorn Darwinbox elevates CTO as fourth co-founder". The Times of India. The Times of India. 30 August 2024.
- ^ "Software Unicorn Darwinbox Wins KKR, Partners Group Funding". Bloomberg. Bloomberg L.P.
- ^ Lunden, Ingrid (5 March 2025). "Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling". TechCrunch. TechCrunch.
- ^ Srivastava, Samriddhi. "Darwinbox becomes first HR tech platform to launch its own MCP server for AI integration". PeopleMatters.com. People Matters.
- ^ "Darwinbox secures $40 million funding from Canada's OTPP". The Economic Times. 14 August 2025.
- ^ "Darwinbox named challenger in Gartner Magic Quadrant for second year". Khaleej Times. Khaleej Times.
- ^ "Evolution in action? Darwinbox rapidly develops agentic AI mass". diginomica.com. 20 October 2025.
- ^ "Darwinbox becomes the Youngest & Only Asian Player to Feature on Gartner's Magic Quadrant for Cloud HCM Suites 2021". ETHRWorld.com. The Economic Times.
- ^ "Darwinbox named challenger in Gartner Magic Quadrant for second year". KhaleejTimes.com. Khaleej Times.