Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Darwinbox, an Indian HR technology firm, has successfully raised $140 million in a funding round co-led by global private equity firms Partners Group and KKR, with participation from Gravity Holdings. The funding is aimed at accelerating Darwinbox's global expansion, particularly in the U.S. market. The company, which specializes in artificial intelligence-powered human resource management solutions, has reported a fivefold increase in revenue from international markets, with over 60% of new revenue generated outside of India. Darwinbox is on track to achieve an annual recurring revenue (ARR) of $100 million by the end of 2025, as it intensifies its focus on AI and prepares for a potential stock-market debut.
Darwinbox set to hit $100 million ARR by end of 2025, expands focus on AI, US market It raised $140 million funding from investors such as Partners Group and KKR yesterday https://t.co/lE6Yng62Zj by @chandrarsrikant & @BhavyaDKumar
#StartupsWithMC | Darwinbox set to hit $100 million ARR by end of 2025, expands focus on AI, US market @chandrarsrikant & @BhavyaDKumar report 👇 https://t.co/v54F21iq5f #Darwinbox #Startups #Business
🚨🆕 MC Interview: Spoke with Mani Vembu, Zoho's new CEO, on SaaS & why he's Zoho's best-kept secret! In it: 🔹 SaaS oversupply & consolidation 🔹 AI strategy 🔹 Profitability & valuation 🔹 Mentorship & Zoho mafia @chandrarsrikant @moneycontrolcom 📽️https://t.co/6lZjRJCfzd
