Hyderabad: No faster Hydimbad HD Tech Startup based in Hyderabad enters Unicorn Club than those who have established their views on the next big target – emerging as a Numero Uno human capital management platform in 2025.
The Darwinbox platform is currently in Asia after ERP GIANTS Sap and Oracle.
“Our next Milestone becomes No.
1 HCM platform in Asia in the next 2-3 years and then we will see other markets too,” said Darwinbox Jayant Paleti Co-Founder.
Darwinbox, which was founded in 2015 by Paleti along with Chaitanya Peddi and Rohit Chennamaneni, served several of the largest conglomerates in Asia including Adani, Mahindra, Vedanta, General Insurance SBI, Box, TVS, NSE, Aurobindo, Ramky, and company as Bigbasket, Swiggy and makemytrip.
It has just collected the growth round of the growth stage led by TCV (the business of crossover technology and other existing investors that included Endiya partners, Salesforce businesses, Sequoia India, Lightspeed India, 3One4Capital, JGDEV and SCB 10X took a total fund for more than $ 110 million So far.
Mitra Endiya MD Sateesh Andhra, who wrote the first check of Darwinbox when it was only a new startup that worked out of the Penthouse room, said: “When I first met Darwinbox six years ago, they were one of several SaaS technology companies To start in Hyderabad.
“Telangana IT Secretary & Industry Jayesh Ranjan said the Darwinbox’s journey as a landmark day for the Ecosystem SaaS in Hyderabad, which has more than 300 SaaS players.
Indicates that this has broken the serveral misunderstanding about Hyderabad, he said:” Confidence wrong that SaaS company only worked successfully from Madras but it wasn’t correct.
Examples of Darwinbox and Zenoti and Highradius show that there is enough to go for the SaaS company here because of the presence of large companies such as Salesforce, Servicenow, Informatica, “he said.