Asia's leading HR technology platform Darwinbox raises $72 Million funding led by Technology Crossover Ventures (TCV) at $1B+ valuation
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Martedì, Gennaio 25, 2022
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SINGAPORE, Jan. 25, 2022 /PRNewswire/ -- Darwinbox, Asia's fastest growing HR tech platform, marks another milestone with a $72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors - Salesforce Ventures, Sequoia, Lightspeed, SCB 10X, JGDEV, Endiya Partners and 3One4Capital. The company's valuation post this round will cross the $1B mark and takes the total investment raised thus far by the company to over $110Mn. Since the last fund raise from Salesforce Ventures 12 months ago, the company has grown 300% in Southeast Asia. It is expecting higher growth this year owing to enhanced demand for digital tools in the workplace post pandemic.
Key Points:
- SINGAPORE, Jan. 25, 2022 /PRNewswire/ --Darwinbox, Asia's fastest growing HR tech platform, marks another milestone with a $72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors - Salesforce Ventures, Sequoia, Lightspeed, SCB 10X, JGDEV, Endiya Partners and 3One4Capital.
- Since the last fund raise from Salesforce Ventures 12 months ago, the company has grown 300% in Southeast Asia.
- Founded in late 2015, Darwinbox's cloud based HCM platform caters to HR needs across the entire employee lifecycle.
- Their new-age product is powering digital HR for more than 1.5 million employees from 650+ enterprises across the globe.