
Darwinbox Secures $140 Million Investment to Accelerate Global Expansion
Darwinbox has raised $140 million in a funding round co-led by Partners Group and KKR, aiming to bolster product development and accelerate global expansion.
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Darwinbox has raised $140 million in a funding round co-led by Partners Group and KKR, aiming to bolster product development and accelerate global expansion.
Hunar.AI, founded in 2022, has quickly become a leader in frontline and volume hiring through advanced AI and intelligent automation. The platform's solutions, including Find.AI, Engage.AI, and Hire.AI, address the complexities of high-volume hiring in industries with high attrition and skill gaps. By integrating with traditional ATS platforms, Hunar.AI enhances their functionality, streamlining the hiring process from sourcing to onboarding. Hunar.AI's impact is evident in sectors such as BFSI, E-commerce, logistics, retail, consumer goods, and energy. With multilingual communication and deep technology integration, the platform has driven exceptional outcomes, achieving 15X growth. Co-founded by Krishna Khandelwal and Dr. Shantanu Bhattacharyya, Hunar.AI aims to expand globally, setting new benchmarks for hiring efficiency.
Phenom, a US-based HRtech company, has acquired Tydy, another US HRtech startup specializing in pre-boarding and onboarding solutions. With development centers in Hyderabad and Vizag employing 850 and 250 people respectively, Phenom aims to significantly expand its workforce. Tydy, based in Bengaluru with a 40-person team, will have its team, including co-founders Kiran Menon, Nikhil Gurjer, and Gaurabh Mathure, integrate into Phenom. The acquisition, Phenom's fifth, is set to enhance the employee onboarding process and shorten the time to productivity. Valued at $1.4 billion in 2021, Phenom emphasizes the strategic value of this acquisition in improving HR practices and expediting operational steps necessary for new hires. Tydy’s technology will now support Phenom's comprehensive approach to optimizing hiring, growth, and retention outcomes across organizations.