Darwinbox, a global leader in HR technology solutions, has announced the closure of a $140 million funding round led by Partners Group and KKR, with participation from Gravity Holdings.
Jayant Palakirtan, Co-Founder of Darwinbox, stated: “This funding reflects investor confidence in our operational model and our ability to expand into global markets.”
Founded in 2015, the company serves over 1,000 businesses worldwide, including the Middle East and North Africa, where it has achieved 9x revenue growth over the past three years.
The company plans to launch a comprehensive payroll solution in the GCC this year, tailored to meet the region’s unique needs.
Over the past decade, the company has expanded its presence across multiple regions, including Asia-Pacific, the Middle East, the United Kingdom, and the United States.
Since entering North America two years ago, the company has reported notable growth and continues to scale its operations in the region.
