Darwinbox

DarwinBox will be the first HR tech SaaS based platform from Asia with whom Microsoft will also collaborate and see integration between Darwinbox and the Microsoft's product ecosystem

As the pandemic pushed organizations to work remotely, the HR Tech space saw an influx of investments

Kaynes Tech reported a net profit of Rs 10.05 crore and net sales of Rs 199.27 crore in the three months ended on June 2022

HR tech company Darwinbox, which is valued at over USD 1 billion, may go for an Initial Public Offering (IPO) in the next three years, its co-founder Rohit Chennamaneni said on Monday here. Speaking to media persons in a press conference, he said the city-based firm is expected to achieve profitability by 2025 with Indian operations becoming profitable by next fiscal. The promoters of Darwinbox currently hold more than 30 per cent stake in the company while the rest is held by investors, including TCV, Salesforce Ventures, Sequoia, Lightspeed and Endiya Partners. "At this point of time the plan is to get to an IPO in the next three years. That's how we are planning our expansion at this point of time. And when you look at the IPO as well, I think broadly as a business, we want to be a global business serving enterprise across the world and competing with the likes of SAP Oracle and Workday," he said. This is the positioning in which we want to get an IPO, Chennamaneni pointed ...

Darwinbox saw a huge uptick for its services as the pandemic forced employees to work from home

CHAITANYA PEDDI, co-founder, spoke to Shivani Shinde about the company's growth so far, and the road ahead

Darwinbox is a human resources technology platform and its technology powers more than 500 global enterprises with over 1 million employees spread across 60 countries

The start-up is targeting growth in South East Asia market Singapore and Indonesia

Darwinbox's end-to-end HR management software has found takers in over 50 companies