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SaaS unicorn Darwinbox opens new global headquarters in Hyderabad, plans IPO in 3 years

The SaaS unicorn is planning to go for an IPO in the next three years and charts plans to turn profitable by FY2024

November 14, 2022 / 03:08 PM IST

Human Resources (HR) tech software service provider Darwinbox has opened a new global headquarters in Hyderabad and plans to hire around 300 employees in the next six months, taking the total workforce in the city to 1,000.

“The new 1000-seat site spanning 75,000 ft. will empower the brand’s consistent business growth globally while enabling it to further tap into local talent,” said Darwinbox’s cofounder Rohit Chennamaneni during the virtual media meet on Monday.

The HR tech firm presently has 1,200 employees across India, Indonesia, the Philippines, Singapore, Thailand, Malaysia, the UAE, the Kingdom of Saudi Arabia (KSA), and the United States.

“The new workforce will be added over the next six months and they will mostly be in the areas of product and engineering, we will also look to hire more people in the design and data science spaces,” Chennamaneni said.