Hyderabad's first Unicorn Darwinbox opens new global headquarters

Hyderabad: Darwinbox, an HR tech platform, on Monday announced the inauguration of its global headquarters in Hyderabad. The new 1,000-seat site spanning 75,000 sq. ft. will empower the brand's consistent business growth globally while enabling it to further tap into local talent, it said.

The company has over 1,200 employees spread across India, Indonesia, the Philippines, Singapore, Thailand, Malaysia, the UAE, KSA, and the United States.

Rohit Chennamaneni, who along with Jayant Paleti and Chaitanya Peddi started Darwinbox in 2015, said, "Hyderabad has always been an important location for us since our inception. We have scaled rapidly and globally in the last seven years. Moving into our new global HQ marks another important milestone in our growth journey. This move will help us actualise our 'from Asia to the world' vision and support our ambitious plans to double business by 2023."

Rohit added, "Our growth is driven by our exceptional talent. Outside of India, the team has grown four times in the last two 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."

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.