6/3/2025, 12:56:03 pm

Darwinbox set to hit $100 million ARR by end of 2025

Hyderabad-based HR tech platform Darwinbox aims to reach $100 million in annual recurring revenue (ARR) by 2025, driven by US expansion and AI investments. The company raised $140 million in funding, with 45% of revenue allocated to R&D. It has grown 3x in two years, serves over 900 enterprises, and reported a 58% revenue increase in FY24. An IPO in India is planned pending scalable growth.