HR Tech Unicorn Darwinbox Bags $40 Mn To Expand In North America

HR tech unicorn Darwinbox has bagged $40 Mn (about INR 335 Cr) from Ontario Teachers’ Pension Plan’s late-stage investment arm Teachers’ Venture Growth (TVG)

Darwinbox said that the funding will be used for global expansion, especially in North America, and further investment in AI features for its human capital management (HCM) platform

The startup claims to serve over 1,000 enterprises and 4 Mn employees across 130 countries. It counts Starbucks, Nivea, AXA, Cigna, WeWork, Crisil, Adidas, Zara, and Apollo.io among its…