News > Asia HR tech platform Darwinbox becomes unicorn with TCV-led $72 million funding

Asia HR tech platform Darwinbox becomes unicorn with TCV-led $72 million funding

Thetechstreetnow | 25/01/2022 10:31 AM | Click to read full article

Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the "SaaSification of Asia" trend.

Existing investors including Lightspeed Venture Partners, Sequoia Capital India, Salesforce Ventures, 3One4 Capital and SCB 10X also participated in the round, which pushed Darwinbox's all-time raise to over $110 million and values it at over $1 billion, the six-year-old startup said.