Salesforce leads $15M investment round in Indian HR tech platform Darwinbox

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Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to expand beyond the country and Southeast Asian markets.

The new round, a Series C, for the Hyderabad-based startup was led by Salesforce Ventures, the venture arm of the American software giant. This is Salesforce Ventures’ one of rare investments in India. Existing investors including Lightspeed India and Sequoia Capital India also participated in the round, which brings the five-year old startup’s total raise to date to $35 million.

Over 500 firms including — Tokopedia, Indorama, JG

Read more    Source: techcrunch.com

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