Darwinboxrevenue, valuation & funding
HRMS & HCM SoftwareSingapore, SingaporeFounded 2015CEO Jayant Paleti
Darwinbox is a human resources technology company based in Hyderabad, India. The company was founded in 2015 by Chaitanya Peddi, Rohit Chennamaneni, and Jayant Paleti, and its platform provides a cloud-based HR management system for businesses.
Darwinbox revenue
Darwinbox's annual revenue was $62.5M in March 2025 (Press & News), the most recent figure on record. That is up 33% from $47.1M a year earlier.
All 6 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Sep 2019 | $1.6M | – |
| Mar 2022 | $15.3M | Press & News |
| Mar 2023 | $27.2M | Press & News |
| Mar 2024 | $47.5MEST. | GetLatka estimate |
| Mar 2024 | $47.1M | Press & News |
| Mar 2025 | $62.5M | Press & News |
– source not recorded
Darwinbox valuation
Darwinbox is privately held, so there is no Darwinbox stock to buy. Investors valued it at $1B in its January 2022 Series D. A later mark put it at $1B (March 2025, tradingview.com).
Darwinbox funding rounds & investors
Darwinbox has raised $107M across six rounds since 2016. The latest was a $72M Series D in January 2022.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Jan 2022 | Series D | $72M | $1B |
| Jan 2021 | Series C | $15M | – |
| Sep 2019 | Series B | $15M | – |
| Jun 2017 | Series A | $4M | – |
| Jul 2016 | Seed | $500K | – |
| Jul 2016 | Seed | $547K | – |
| Total raised | $107M |
Not counted as funding
- Secondary share sale (not new capital) at a $1B valuation Mar 2025
Darwinbox competitors
Darwinbox competes most directly with Workday, Zoho, Gusto and BambooHR. It is the smallest of the five by revenue.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Workday | $9.6B | $230.6M | 25K | 10K | 2005 |
 Zoho | $1.5B | $7.3M | 24K | 250K | 1996 |
 Gusto | $1B | $746M | 4,008 | 400K | 2012 |
 BambooHR | $274M | – | 1,627 | 26K | 2008 |
| Darwinbox | $62.5M | $107M | 1,405 | 550 | 2015 |
#30 of 753 HRMS & HCM Software companies by revenue · category median $2.6M · See the ranking
Darwinbox CEO, founders & employees
Jayant Paleti founded Darwinbox in 2015 with Chaitanya Peddi and Rohit Chennamaneni and runs it as CEO. Darwinbox has 1,405 employees (November 2025, LinkedIn), up from 1,317 a year earlier.
- Jayant PaletiCo-Founder & Co-CEO
- Chaitanya PeddiCo-Founder & Co-CEO
- Rohit ChennamaneniCo-Founder
BoardSateesh Andra, Dev Khare, Nandita Gurjar, Mohandas Pai
InvestorsPranav Pai
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 1,405 | |
| Oct 2024 | 1,317 | |
| Jan 2024 | 1,100 | Press & News |
| Jul 2023 | 1,133 | – |
| Jan 2022 | 641 | – |
| Jan 2021 | 390 | – |
Darwinbox FAQ
What is Darwinbox's revenue?
Darwinbox's annual revenue was $62.5M in March 2025, according to a news report. No later figure is on record.
What is Darwinbox's valuation?
Investors valued Darwinbox at $1B in its January 2022 Series D. A later valuation put it at $1B in March 2025, according to tradingview.com.
How much funding has Darwinbox raised?
Darwinbox has raised $107M across six funding rounds. The latest was a $72M Series D in January 2022.
Is Darwinbox publicly traded?
No. Darwinbox is a private company, so its shares aren't traded on a stock exchange.
How many employees does Darwinbox have?
Darwinbox has 1,405 employees as of November 2025, according to LinkedIn.
Who is the CEO of Darwinbox?
Jayant Paleti is the CEO of Darwinbox and co-founded the company in 2015.
Who founded Darwinbox?
Jayant Paleti, Chaitanya Peddi and Rohit Chennamaneni founded Darwinbox in 2015.
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How this page is sourced
7 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Darwinbox? Join the podcast