Microsoft Corp. has invested in Asian human sources software program firm Darwinbox, as extra company clients search an edge in retaining proficient staff.
The US tech big made an fairness funding of an undisclosed measurement as an extension of Darwinbox’s Sequence D spherical that valued the corporate at greater than $1 billion in early 2022, in keeping with the startup’s assertion Tuesday. As a part of the deal, the 2 firms will work collectively to combine the Darwinbox and Microsoft product ecosystems.
Darwinbox, which serves greater than 700 enterprise purchasers, was based in Hyderabad, India, in 2015 and counts Singapore as its worldwide headquarters. Salesforce Ventures and Sequoia Capital are amongst its backers, and its clients embrace HDFC Financial institution, Aviva Singlife and Tokopedia.
This story has been revealed from a wire company feed with out modifications to the textual content.
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