Darwinbox Among Cloud Top 500

Plot No. 17, Madhapur Road, Best Western Jubilee Ridge, Kavuri Hills, Jubilee Hills

Hyderabad, x, 500033, India

x

https://www.darwinbox.com/

1194

Darwinbox Strengths, Domain Expertise, and Key Differentiators

Darwinbox is an HR platform that takes care of all HR needs across the employee life-cycle, from recruitment, onboarding, employee management, payroll, leave & attendance, transfer, and performance management to exit management. It acts as one platform to streamline the recruitment and on-boarding process and has an evolutionary talent management system catering to every performance philosophy. Darwinbox Open APIs integrate with G Suite, Microsoft AD, and recruitment platforms.

In March 2020, Darwinbox launched its new lighter Android mobile app, which was as low as 7 MB. With apps occupying more the ~70% of device memory, it is challenging app developers to be more efficient. These staggering usage patterns are what drove Darwinbox to push out the lighter app with dynamic delivery to generate and serve personalized feature delivery for each user's profile configurations. These features were specifically focused on addressing the unique needs of its users, and to help client organizations ramp up adoption for all employees, ranging from the ground-level workforce to executives.

Darwinbox Recent Developments

Darwinbox has integrated with WhatsApp amid the COVID-19 crisis, which made it one of first HRMSs that allows enterprises to engage with their HR Tech on WhatsApp.

Darwinbox Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Darwinbox applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Darwinbox and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Darwinbox customers.

Darwinbox Key Enterprise and Cloud Applications

Darwinbox

Darwinbox Revenues, $M:

Type/Year20182019YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Darwinbox Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Darwinbox Revenues By Region, $M

Region% of Total Revenues2019 Total Revenues, $M2019 Enterprise Applications Revenues, $M2019 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Darwinbox Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Darwinbox Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Darwinbox Customers


No. of Darwinbox Customers: 350

No. of Darwinbox Enterprise Applications Customers: 350

No. of Darwinbox Cloud Customers: 350

No. of Darwinbox Cloud Subscribers: 850000


More than 350 firms, use Darwinbox’s HR platform to serve 900,000+ employees across 50 countries including giants such as adtech firm InMobi, fintech startup Paytm, drink conglomerate Bisleri, automobile maker Mahindra, Kotak group, Pharma players like Dr.Reddys laboratories, Emcure and delivery firms Swiggy and Milkbasket.

Darwinbox Market Opportunities, M&A and Geo Expansions

In September 2019, Darwinbox raised $15 million in a new financing round. The Series B round, which moved the firm’s total funding to $19.7 million, was led by Sequoia India and saw participation from existing investors Lightspeed India Partners, Endiya Partners and 3one4 Capital. While the company will continue to invest in growing market share in India, it will also spend money to expand its business in Southeast Asia, which is in a similar stage of maturity. Apart from its international expansion, Darwinbox will utilise the fresh funds to grow its leadership team, both in India and Southeast Asia, invest in R&D around artificial intelligence and machine learning, and add new features to its product.

Darwinbox Risks and Challenges

The global expansion will require multinational payroll features that Darinbox will need to pay special attention in the upcoming months/years.

Darwinbox Ecosystem, Partners, Resellers and SI

Darwinbox and UpsideLMS, a provider of cloud-based learning management solutions entered into a mutually-beneficial strategic alliance to offer businesses an HR learning ecosystem including support for Online, Offline (no-Internet-access), Formal (including Classroom Training and Virtual Classroom), Social and Mobile learning. Together, Darwinbox and UpsideLMSo will be able to provide a robust solution to companies that are looking for a single platform to manage their HR activities and L&D interventions in a centralized, organized, and streamlined fashion.

Darwinbox Cloud Infrastructure Insights

Subscribe to read more about:

  • Darwinbox Public Cloud and Infrastructure (IaaS)
  • Darwinbox Platform (PaaS)
  • Darwinbox Application Delivery
  • Darwinbox Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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