Hyderabad-based HR Tech Startup Darwinbox Raises USD 15M Funding

Darwinbox Co-founders
Darwinbox, Asia’s leading enterprise HR technology platform, last week announced a USD 15 million Series B investment. This round was led by Sequoia India along with participation from existing investors Lightspeed India Partners, Endiya Partners and 3one4 Capital. Darwinbox’s cloud based end-to-end Human Resource Management (HRMS) platform caters for HR needs across the entire employee lifecycle (hire-to-retire). The company was founded in 2015 by Chaitanya Peddi, Jayant Paleti and Rohit Chennamaneni who are alums of IIT/IIM/XLRI and have had experience in working with Mckinsey, Google, EY and Deloitte. Headquartered in Hyderabad, Darwinbox has offices in Haryana, Bengaluru, Mumbai and Singapore.
Co-founders Left to Right - Rohit, Jayant, Chaitanya

Co-founders Left to Right – Rohit, Jayant, Chaitanya, Image Credit: Darwinbox

 
Darwinbox Team Picture

Darwinbox Team Picture, Image Credit: Darwinbox

“Talent is core to the success of any business. Our mission from day one has been to build a human capital management system, that puts employees squarely at the center and enables orgs to engage, empower & elevate the potential of their workforce. This has made us the HR platform of choice for 200+ leading Asian enterprises.” said Jayant Paleti, Co-founder, Darwinbox.  Harshjit Sethi, Principal, Sequoia Capital India, said, “Recruiting, retaining and upskilling talent is a top priority of every company today. Darwinbox is the clear emerging leader in the fast growing cloud-based HR management software space in Asia. The Darwinbox team combines world-class product sensibilities with a unique understanding of local nuances in HR in Asia to provide a compelling and delightful product to their customers, a sentiment we heard expressed by several HR leaders.” Follow Darwinbox on the following social media channels for latest updates; https://www.linkedin.com/company/darwinbox https://www.facebook.com/thedarwinbox/  

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