HR tech co. Darwinbox attracts $140-M from Partners Group, KKR, others

Hyderabad-headquartered HR tech platform Darwinbox has attracted USD 140 million (around INR 1,218.1 crore) in a largely secondary round led by Partners Group and KKR at a reported USD 950 million valuation. The round also saw participation from Gravity Holdings. Early investors who entered during the seed and Series A round have made part exits as part of the new round.The relatively small primary component from the round will be used for the firm's R&D efforts and to ramp up global expansion.Founded in 2015 by Jayant Paleti, Rohit Chennamaneni, and Chaitanya Peddi, Darwinbox is a cloud-based HR platform that helps with recruitment, payroll, employee engagement, talent management, and people analytics. It has also expanded to Indonesia, Singapore, the Philippines, Malaysia, Vietnam, and Thailand.