Enterprise human resource software-as-a-service (SaaS) platform Darwinbox has raised $4 million in fresh funding led by Lightspeed India Partners, along with participation from existing investors Endiya Partners, Mohandas Pai’s 3one4 Capital, and Startupxseed Ventures.
Darwinbox’s end-to-end HR management software has found takers in over 50 companies, including firms such as Paytm and Delhivery, with a combined employee count of over 100,000. The company says all its deployments earn it money as it does not offer a freemium model.
"Areas that we think will be very important and are willing to make bets on are AI (artificial intelligence), ML (machine learning),
