Darwinbox, a rapidly growing human resource technology platform, has secured a $140 million investment led by Partners Group and KKR, with additional participation from Gravity Holdings. The investment will fuel the company’s global expansion and innovation efforts, particularly in AI-powered HR solutions.
Founded in 2015, Darwinbox now serves over 1,000 enterprises worldwide and was recently recognized as a Challenger in the Gartner Magic Quadrant for Cloud HCM Suites in 2024. The platform has been particularly successful in the Middle East and North Africa (MENA) region, where it achieved 9X revenue growth over three years.
Co-founder Jayant Paleti attributed the company’s success to a strong focus on employee experience and deep configurability to meet diverse local needs. With top-tier investors backing its growth, Darwinbox plans to expand its global momentum and deliver innovative AI-powered solutions to thousands of enterprises worldwide.
Prominent clients of Darwinbox include companies like Starbucks, Nivea, AXA, Cigna, and WeWork. The platform also secured partnerships with leading brands such as Emirates Leisure Retail, DIFC, Lulu, and Abu Dhabi Exchange. Darwinbox is set to launch a multi-country payroll solution with full Arabic support across the GCC region later this year.
The investment highlights Darwinbox’s potential as a key disruptor in the HR tech market, particularly in the areas of product innovation, generative AI, and global expansion.
