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Darwinbox Secures $140M to Challenge HR Giants
- Darwinbox, an HR tech startup from India, raised $140M to expand globally, especially in the U.S.
- The funding round was co-led by KKR and Partners Group, with several unnamed investors selling parts of their stakes.
- Darwinbox’s investor list includes Microsoft, Salesforce, Sequoia, TCV, Peak XV, and Lightspeed.
- The company now generates 60% of its revenue from outside India, with the U.S. being its fastest-growing market.
- Darwinbox plans to leverage AI to enhance its all-in-one HR platform, aiming to disrupt legacy systems.
Source: TechCrunch
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