Darwinbox, a leading HRtech platform, has announced the elevation of Vineet Singh, its Chief Technology Officer (CTO), to the position of Co-Founder. This significant development underscores Vineet’s critical contributions to the company since joining in 2015.
Vineet Singh began his career as an engineer, building products across consumer and SaaS technologies before joining Darwinbox. Over the past six years, he has been instrumental in scaling Darwinbox’s platform into a comprehensive Human Capital Management (HCM) suite with 15 modules.
Chaitanya Peddi, Co-Founder of Darwinbox, praised Vineet’s achievements, stating, “He has scaled the platform into a full-fledged HCM suite with 15 modules in just 6 years which is faster than any other enterprise HR tech. He was the first one to join our team back in 2015 and has successfully scaled our engineering and R&D teams into the 400-member strong unit that it is today.”
Founded by Jayant Paleti, Rohit Chennamaneni, and Chaitanya Peddi, Darwinbox offers a cloud-based integrated HR technology product that spans the entire employee life cycle. Its solutions cover recruitment, payroll, employee engagement, talent management, and people analytics, positioning Darwinbox as a comprehensive HCM platform.
In 2023, Darwinbox partnered with Microsoft to integrate its HCM platform with Microsoft’s ecosystem, aiming to co-innovate and enhance employee experiences. This collaboration has enabled Darwinbox to further strengthen its offerings and expand its reach globally.
The Hyderabad-based company has extended its presence to several countries, including Indonesia, Singapore, the Philippines, Malaysia, Vietnam, and Thailand. Southeast Asia and India are currently the top contributors to Darwinbox’s revenue. The company has also expanded its offices to West Asia, with new locations in Saudi Arabia, the UAE, and the US.
Darwinbox’s financial performance has shown impressive growth. According to The Kredible, a data intelligence platform, the company’s revenue from operations surged by 91.5%, reaching Rs 224 crore in the fiscal year ending March 2023, up from Rs 117 crore in FY22.
