Founded Year

2015

Stage

Secondary Market | Alive

Total Raised

$127.27M

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+48 points in the past 30 days

About Darwinbox

Darwinbox is a human capital management (HCM) suite that focuses on automating HR processes for enterprises and growing businesses. The company offers a platform that utilizes AI and machine learning for employee experience and provides HR insights. Darwinbox primarily serves large conglomerates and fast-growing tech companies across various sectors. It was founded in 2015 and is based in Hyderabad, India.

Headquarters Location

Phase 2, HITEC City 3rd Floor, Skootr Forest, Block C, RMZ Futura Plot No. 14 and 15

Hyderabad, 500081,

India

+91 9100121290

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Darwinbox's Product Videos

ESPs containing Darwinbox

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / HR Tech

The employee support AI agents & copilots market consists of companies providing an internal, employee-facing interface to retrieve information using natural language cues. AI employee support platforms answer human resources questions related to topics such as employee benefits or workforce policies. These platforms can also address internal inquiries around workflow, locating documents and infor…

Darwinbox named as Leader among 14 other companies, including Zendesk, Microsoft, and Moveworks.

Darwinbox's Products & Differentiators

    HCM Suite

    Darwinbox's cloud-based HCM suite caters to an organization’s HR needs across the employee lifecycle including Recruitment, Onboarding, Core transactions (Leaves, Attendance, Directory), Payroll, Travel and Expenses, Employee Engagement, Performance Management, Rewards & Recognition and People Analytics. The new-age and innovative platform combines highly configurable workflows, intelligent insights, and smart interfaces to help enterprises unleash the true potential of their workforce.

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Research containing Darwinbox

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Darwinbox in 1 CB Insights research brief, most recently on May 18, 2022.

Expert Collections containing Darwinbox

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Darwinbox is included in 6 Expert Collections, including HR Tech.

H

HR Tech

5,910 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

U

Unicorns- Billion Dollar Startups

1,270 items

A

Artificial Intelligence

10,027 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

F

Fintech

13,699 items

Excludes US-based companies

F

Fintech 100

249 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

A

AI Agents & Copilots Market Map (August 2024)

322 items

Corresponds to the Enterprise AI Agents & Copilots Market Map: https://app.cbinsights.com/research/enterprise-ai-agents-copilots-market-map/

Latest Darwinbox News

VC funding in Q1 2025 remains flat; Bengaluru startups get over $1B

Apr 1, 2025

On a quarterly basis, VC funding declined 17.2% compared to Q4 2024 (October to December), where startups bagged $3 billion across 269 deals. Venture capital (VC) funding into Indian startups remained flat for the first three months (Q1) of 2025, as larger value deals declined during the period. According to YS Research, Indian startups raised a total of $2.52 billion in VC funding in Q1 2025 across 312 deals, compared with $2.53 billion in the same period last year with 310 deals. On a quarterly basis, funding declined 17.2% compared to Q4 2024 (October to December), where startups bagged $3 billion across 269 deals. These developments reveal that more deals do not indicate a higher inflow of VC money and are a clear sign of large-value deals missing. The first quarter of 2025 saw just four large deals, where Infra.market , Darwinbox , Leap Finance , and Zolve raised funding with a value of $100 million and above. The Indian startup ecosystem continues to face challenges, primarily due to an uncertain macroeconomic environment, including a slowing domestic economy coupled with volatile stock markets. Moreover, the tariff threats from US President Donald Trump are only leading to a difficult position. Given this scenario, it is safe to assume that 2025 has not started on a positive note, but a change in momentum is expected in the forthcoming quarters. This can be corroborated from the trends in the monthly VC funding into Indian startups. For the first time this year, monthly funding crossed the $1 billion mark. The total VC funding for March stood at $1.1 billion compared to $669 million in February and $712 million in January. In Q1 2025, growth-stage startups raised the highest amount at $852 million across 26 deals, followed by the early-stage category at $805 million with 250 deals. The early-stage category continues to gain traction with the highest volume of activity for the number of deals, but funding value remains low—a trend for the last two years and is only expected to continue. In terms of sectors, fintech has been consistently topping the charts, receiving the highest share of VC funding at $808 million, followed by the D2C segment at $250 million, in Q1 2025. In fact, the startup capital of India, Bengaluru, bagged the highest VC funding amount at $1.1 billion, followed by Mumbai at $519 million and the Delhi-NCR region at $446 million. Unfortunately, a majority of startup activity continues to remain in these top three cities, while startups from other Indian cities need to catch up. The overall funding situation does not give a positive signal for the Indian startup ecosystem, but it is expected that the VC firms, continuing to raise fresh capital, will deploy the funds soon. Edited by Suman Singh

Darwinbox Frequently Asked Questions (FAQ)

  • When was Darwinbox founded?

    Darwinbox was founded in 2015.

  • Where is Darwinbox's headquarters?

    Darwinbox's headquarters is located at Phase 2, HITEC City, Hyderabad.

  • What is Darwinbox's latest funding round?

    Darwinbox's latest funding round is Secondary Market.

  • How much did Darwinbox raise?

    Darwinbox raised a total of $127.27M.

  • Who are the investors of Darwinbox?

    Investors of Darwinbox include Partners Group, KKR, Gravity Holdings, Microsoft, State Bank of India and 12 more.

  • Who are Darwinbox's competitors?

    Competitors of Darwinbox include Keka, Namely, SumTotal Systems, iCIMS, Zenefits and 7 more.

  • What products does Darwinbox offer?

    Darwinbox's products include HCM Suite and 4 more.

  • Who are Darwinbox's customers?

    Customers of Darwinbox include JSW, Kotak Life Insurance, Arvind and More Retail.

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MHR is an HR software company specializing in payroll processing and analytics within the human resources sector. The company develops and provides solutions that manage HR functions, ensure compliance, and secure HR data, catering to the needs of organizations for efficient and smart workforce management. MHR primarily serves a diverse range of clients across the private and public sectors, offering cloud-based systems for HR, payroll, and finance. It was founded in 1984 and is based in Nottingham, United Kingdom.

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ZingHR is a global enterprise HR tech platform known for its comprehensive cloud-based HCM suite. The company offers a range of services including workforce management, talent acquisition, talent management, employee engagement, and payroll services, all designed to enhance employee experiences and support business outcomes. ZingHR primarily serves sectors such as BFSI, IT-ITES, manufacturing, retail QSR, staffing and facility management, pharma and healthcare. It was founded in 2014 and is based in Mumbai, India.

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Hibob

Hibob specializes in human resources technology, offering a comprehensive HR platform designed to streamline various HR processes for businesses. Its main services include core HR functions, onboarding, time and attendance management, compensation, payroll integration, hiring, time off management, surveys, performance management, people analytics, and workforce planning. The company's tools are aimed at improving productivity, engagement, and retention within organizations. It was founded in 2015 and is based in New York, New York.

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