Unicorn Darwinbox, the fastest-growing Unicorn HR tech platform from Asia, announced it will add 300 more full-stack engineers at its newly opened Global Headquarters in Hyderabad on Monday. The company also has set a target to go public in the next 3 years.
The new engineers will join the 700 engineers housed at the 1000-seat site spanning 75,000 sft. The new HQ will empower the brand’s consistent business growth globally while enabling it to further tap into local talent.
The Hyderabad based global headquarters will spur the company’s expansion strategy and technological prowess in the global market. It will also foster creativity and teamwork among its 1200+ present employees spread across India, Indonesia, the Philippines, Singapore, Thailand, Malaysia, the UAE, KSA, and the United States.
“Hyderabad has always been an important location for us since our inception. We have scaled rapidly and globally in the last 7 years. Moving into our new Global HQ marks another important milestone in our growth journey. This move will help us actualize our ‘from Asia to the world’ vision and support our ambitious plans to double business by 2023.” Rohit Chennamaneni, Darwinbox Co-founder, who along with Jayant Paleti and Chaitanya Peddi started Darwinbox in 2015, said.
Unicorn Darwinbox sets a target to become 1500 Strong Engineering HR Tech Powerhouse
“Our growth is driven by our exceptional talent. Outside of India, the team has grown 4X in the last 2 years, and this year we plan to triple in team-size in those regions by adding more than 100 new employees. We are on track to becoming market leaders, particularly in regions we currently operate, and are planning our expansion into newer geographies. Our product roadmap has already been ramped further with leading advancements in Artificial Intelligence, conversational interfaces and new age technologies,” Rohit added.
Darwinbox currently serves 700 clients and 2 million users from large conglomerates, fast-growing technology giants, and leading global brands like JSW, Adani, Vedanta, Mahindra, Kotak, NSE, Ujjivan, Makemytrip, Swiggy, Nivea, Starbucks, and Dominos.
In January 2022, the leading HRMS player closed its Series D, Unicorn round funding led by Silicon Valley based TCV, and supported by previous investors. Darwinbox is the only Asian-origin HCM player and the youngest to be included in Gartner’s Magic Quadrant in 2021 and features on the 2022 Magic Quadrant as well. Additionally, it has the top rating (4.8) on Peer Insights, Gartner’s platform for customer reviews, beating out all major competitors including SAP, Oracle, and Workday.
Darwinbox is a cloud-based HR Technology platform which caters to an organization’s HR needs across the employee lifecycle including Recruitment, Onboarding, Core transactions (Leaves, Attendance, Directory), Payroll, Travel and Expenses, Employee Engagement, Performance Management, Rewards & Recognition and People Analytics.
The new-age and innovative platform combines highly configurable workflows, intelligent insights and smart interfaces to help enterprises unleash the true potential of their workforce.
Rated the highest globally among HCM players on Gartner’s customer review platform, Peer Insights, Darwinbox is trusted by 700+ global enterprises with more than 2 million employees spread across 90+ countries and is backed by leading investors like TCV, Salesforce Ventures, Sequoia, Lightspeed, Endiya Partners, 3One4Capital, SCB 10X and JGDEV.
