January 25

Sequoia-Backed Darwinbox Turns Unicorn With $72 Million Funding

By Nikhil Patwardhan

Sequoia Capital India-backed enterprise human resources (HR) management platform Darwinbox has joined the coveted unicorn club as its parent raised $72 million as a part of its Series D funding round, the company said in a statement on Tuesday.

The funding was led by Technology Crossover Ventures (TCV) with participation from existing investors Salesforce Ventures, Sequoia Capital India, Lightspeed India, Endiya Partners, 3One4Capital, JGDEV and SCB 10X, the company said.

With the latest fundraise, the six-year old company has raised $110 million till date.

Photo courtesy of geralt.

Source: VCCircle (link opens in a new window)

business development