Darwinbox founders, Rohit Chennamaneni, Jayant Paleti, Chaitanya Peddi (Left to Right)
Salesforce Ventures, the investment arm of customer relationship giant Salesforce, has made one of its first investments in India. It has led a funding round of about $15 million (Rs 109 crore) in Darwinbox, a human resources technology platform.
This follows the Hyderabad-based company’s Series B round raised in September 2019 led by Sequoia Capital India with participation from existing investors Lightspeed India, Endiya Partners, and 3one4 Capital. The round brings the total investment in the firm to $35 million. The company revenues have grown by over 300 per cent since the last round of funding.
“Cloud adoption in Asia is growing at a monumental pace and the pandemic has only further amplified the importance of going digital,” said Alex
First Published: Jan 19 2021 | 07:18 AM IST