Darwinbox Raises $140M

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Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling | TechCrunch

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Indian startup Darwinbox has raised $140 million to take on the likes of Rippling and Deel .

Darwinbox is building a SaaS platform for hiring, onboarding and employee administration.

The company says it has more than 1,000 enterprise customers and provides tools to manage employee administration for more than 3 million people.

Driver said his firm has been wanting to invest for a couple of years , but only got the opportunity with this latest round. “We see them as one of a handful of disruptors in the bigger space displacing global majors,” he said, noting that the startup’s ability to localize its product as it has grown has also been a standout feature. “We did a lot of due diligence, and they have a conviction on the right to win.”.

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