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

AI Analysis

Darwinbox, an Indian startup, has secured $140 million in funding to expand its global presence, particularly in the US. This significant investment co-led by KKR and Partners Group will help the company scale its SaaS platform for hiring, onboarding, and employee administration.The new funding is a testament to the company's potential in the HR technology space. Darwinbox aims to capitalize on this momentum to establish itself as a major player in the industry. The expansion plans are likely to create new job opportunities and drive economic growth in the regions where it operates.As Darwinbox takes on established competitors, it will be crucial for the company to navigate the challenges of entering new markets and adapting to regulatory requirements. The success of its international expansion will depend on its ability to deliver value to customers and maintain its competitive edge.

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Original Article

Darwinbox, an Indian startup building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is being co-led by KKR and Partners Group, and is a mix of primary and secondary […]

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