Darwinbox a Hyderabad based human resource technology and analytics startup has raised an undisclosed amount of funding from Endiya Partners. Other investors participated in the round included Mohandas Pai, Aaruha Technology and TracxnLabs. The funds will be utilised to expand marketing and sales and to develop more modules.
It was founded in 2015 by Jayant Prasad Paleti, Rohit Chennamaneni and Chaitanya Preddi. Jayant an alumnus of IIT Madras and IIM Lucknow was an investment banker at EY. Rohit an alumnus of IIM Lucknow has worked with Google and McKinsey. Chaitanya an alumnus of XLRI has worked with EY HR consulting and product development at Verizon.
It offers an integrated HR SaaS platform, which have more than 25k employees on its platform. It’s client includes Swiggy, Sai Life Sciences, Delhivery etc. It offers services including human resource management system & information system, application tracking system, payroll management, predictive analysis, performance management system and employee engagement.
Other startups raised funding includes, Blueleaf Software Technologies Pvt Ltd based in Bangalore operates a cloud based SaaS platform called Weballigator raised a funding of $375k as angel funding. Greytip software Pvt Ltd raised its Series B round of funding, it provides a cloud based payroll and HR management solutions to small & medium enterprises. Zwayam Digital Pvt Ltd raised seed funding, it runs an online recruitment platform through a cloud based SaaS solution.