Darwinbox raises $15 million series-B funding

: Darwinbox, a leading enterprise into HR technology platform, on Thursdayannounced that it has raised USD 15 million series-B funding from a host of investors, including Sequoia India.

The existing investors - Lightspeed India Partners, Endiya Partners and 3one4 Capital - also participated in the funding, a press release from Darwinbox said.

Darwinboxs cloud-based end-to-end human resource management (HRMS) platform caters to HR needs across the entire employee life-cycle (hire-to-retire).

Co-founder of Darwinbox Jayant Paleti said, Partnering with marquee investors will accelerate our penetration into the Asian enterprise market, drive product innovation and maximise value delivered to customers.

Principal of Sequoia Capital India LLP Harshjit Sethi said, Darwinbox is the clear emerging leader in the fast growing cloud-based HR management software space in Asia."