Darwinbox Elevates CTO Vineet Singh to Co-Founder, Strengthening Leadership Team

Darwinbox elevates CTO Vineet Singh to cofounder

Software-as-a-Service (SaaS) unicorn Darwinbox, which specialises in human resource (HR) services, on Friday said it has elevated its chief technology officer Vineet Singh as a cofounder. "I'm excited to continue driving our technology strategy forward. We will further accelerate our technological innovations, embedding AI as a platform capability to deliver better experience and contextual intelligence to our customers," said Singh, who has experience of working in the consumer and SaaS tech industries. Hyderabad and Singapore-based Darwinbox achieved unicorn status in January 2022 after raising $72 million in a funding round led by Netflix-backer TCV, at a valuation of $1 billion. The firm helps organisations manage their HR needs, including hiring and onboarding, touchless attendance and employee management. "He has been pivotal in realising Darwinbox's vision to build a global-standard enterprise tech product from India," said Chaitanya Peddi, cofounder of Darwinbox. "He has scaled the platform into a full-fledged HCM suite with15 modules in just six years, which is faster than any other enterprise HR tech. He was the first one to join our team back in 2015 and has successfully scaled our engineering and R&D teams into the 400-member strong unit that it is today." Darwinbox is backed by global investors such as Microsoft, Salesforce Ventures, Peak XV, Lightspeed and Endiya Partners. It has grown three times over the last two years and is now expanding into new markets such as the US and UK, the firm said. ET had reported earlier about the company's plan to double down on expansion and accelerate product development. Darwinbox has more than 900 global enterprises across 130 countries as clients, including new-age firms like MakeMyTrip and Swiggy, as well as traditional companies such as Adani Group firms.

Darwinbox elevates CTO Vineet Singh to cofounder

Darwinbox, a SaaS unicorn focused on HR services, has promoted its CTO, Vineet Singh, to cofounder. Singh aims to enhance their technological innovations, embedding AI. The company, backed by investors like Microsoft and Salesforce Ventures, recently expanded to the US and UK, serving over 900 enterprises globally.Software-as-a-Service (SaaS) unicorn Darwinbox, which specialises in human resource (HR) services, on Friday said it has elevated its chief technology officer Vineet Singh as a cofounder. "I'm excited to continue driving our technology strategy forward. We will further accelerate our technological innovations, embedding AI as a platform capability to deliver better experience and contextual intelligence to our customers," said Singh, who has experience of working in the consumer and SaaS tech industries. Hyderabad and Singapore-based Darwinbox achieved unicorn status in January 2022 after raising $72 million in a funding round led by Netflix-backer TCV, at a valuation of $1 billion. The firm helps organisations manage their HR needs, including hiring and onboarding, touchless attendance and employee management. "He has been pivotal in realising Darwinbox's vision to build a global-standard enterprise tech product from India," said Chaitanya Peddi, cofounder of Darwinbox. "He has scaled the platform into a full-fledged HCM suite with15 modules in just six years, which is faster than any other enterprise HR tech. He was the first one to join our team back in 2015 and has successfully scaled our engineering and R&D teams into the 400-member strong unit that it is today." Darwinbox is backed by global investors such as Microsoft, Salesforce Ventures, Peak XV, Lightspeed and Endiya Partners. It has grown three times over the last two years and is now expanding into new markets such as the US and UK, the firm said. ET had reported earlier about the company's plan to double down on expansion and accelerate product development. Darwinbox has more than 900 global enterprises across 130 countries as clients, including new-age firms like MakeMyTrip and Swiggy, as well as traditional companies such as Adani Group firms.

Hyderabad HRTech unicorn Darwinbox elevates CTO as fourth co-founder - Times of India

HYDERABAD: HRTech startup and Hyderabad's first unicorn Darwinbox on Friday announced the elevation of its chief technology officer (CTO) Vineet Singh to the position of co-founder. The startup said Vineet's elevation to this role marks a significant milestone in its journey, reflecting his integral contribution to the company's success and product innovation. Vineet, who spent the early years of his career as an engineer building products in both consumer and SaaS tech prior to joining Darwinbox, played a significant role in architecting Darwinbox as the modern-age HR tech platform that became the youngest and the only Asia-origin HCM product to be recognized in Gartner Magic Quadrant globally 3 years ago, the company said. "We are thrilled to welcome Vineet as the fourth co-founder. He was the first one to join our team back in 2015 and has successfully scaled our engineering and R&D teams into the 400-member strong unit that it is today. Over the years he has played an active role in areas beyond technology to positively impact Darwinbox's growth," said Chaitanya Peddi, co-founder, Darwinbox. "He has been pivotal in realizing Darwinbox's vision to build a global-standard enterprise tech product from India. He has scaled the platform into a full-fledged HCM suite with 15 modules in just 6 years which is faster than any other enterprise HR tech," Peddi added. Vineet Singh, who joined Darwinbox on its journey from day one, said he was excited to step into the role of co-founder and continue driving the company's technology strategy. "We will further accelerate our technological innovations, embedding AI as a platform capability to deliver better experience and contextual intelligence to our customers. This is just the beginning, and I'm looking forward to the continuous growth and innovation that lies ahead of us," he said. Darwinbox, which was founded in 2015, has grown 3X in the last 2 years and is rapidly expanding in new markets such as the US and UK catering to over 900 enterprises and is used by around 3 million employees globally. In 2023, Darwinbox partnered with Microsoft to co-innovate future-ready solutions by integrating both ecosystems. Darwinbox has pioneered several industry-first innovations in the past like integration with Microsoft Teams, and the industry's first HR-specific large language model to deliver AI innovations to their customers. Darwinbox has been backed by global investors such as TCV, Microsoft, Salesforce Ventures, Peak XV, Lightspeed and Endiya Partners among others.

Darwinbox Promotes CTO Vineet Singh To Cofounder

Darwinbox expands globally, now serving over 800 organisations in 115+ countries HR tech unicorn DarwinBox has elevated Vineet Singh, its Chief Technology Officer (CTO), to the position of co-founder. The move comes as the company reports significant growth and expansion in global markets. Singh, who joined Darwinbox in 2015, has been instrumental in scaling the company's engineering and R&D teams to 400 members. He has played a key role in developing Darwinbox's HR tech platform into a full-fledged Human Capital Management (HCM) suite with 15 modules. "Vineet has been pivotal in realising Darwinbox's vision to build a global-standard enterprise tech product from India," said Chaitanya Peddi, co-founder of Darwinbox. "He has successfully scaled our engineering and R&D teams and has played an active role in areas beyond technology to positively impact Darwinbox's growth." Darwinbox reported a near doubling of its operating revenue to INR 224.04 Cr in FY23, up from INR 116.73 Cr in FY22. However, the company's net loss increased to INR 158.25 Cr due to higher expenses, including employee costs and cloud hosting expenses. Singh said, "As I step into the role of co-founder, we will further accelerate our technological innovations, embedding AI as a platform capability to deliver better experience and contextual intelligence to our customers." Darwinbox currently serves over 800 organisations across more than 115 countries, with clients including Adani, MatchMove, and Mahindra. The company has expanded its presence in various international markets, including the US and UK. Founded in 2015, Darwinbox provides cloud-based HCM software and has been backed by investors including TCV, Microsoft, Salesforce Ventures, Peak XV, Lightspeed, and Endiya Partners.

Hyderabad HRTech unicorn Darwinbox elevates CTO as fourth co-founder | Hyderabad News - Times of India

Darwinbox, a Hyderabad-based HRTech startup, has promoted its CTO Vineet Singh to co-founder. Singh, who joined in 2015, has been instrumental in developing Darwinbox into a notable HR tech platform. The company, expanding rapidly with a Microsoft partnership, now serves 900 enterprises and 3 million users globally. Singh plans to further innovate by embedding AI in the platform.