Demonstrating almost 6.5x growth in the Philippines in 12 months since its Unicorn funding, Darwinbox is sprinting towards market leadership in Asia.
Darwinbox, the fastest-growing HR tech unicorn, and Microsoft today announced a collaboration to empower organizations globally with the right tools to succeed in the evolving world of work. The collaboration will include deep integrations between Darwinbox and the Microsoft product ecosystem, and co-innovation on solutions to enhance employee experience. The relationship will also accelerate joint go-to-market motions in all markets that the leading Human Capital Management player operates in. In addition to the co-innovation roadmap, Microsoft has also made an equity investment in Darwinbox to accelerate their mission of empowering organizations to unify their entire employee lifecycle.
Darwinbox’s cloud-based Human Capital Management (HCM) platform caters to HR needs across the entire employee lifecycle with new-age employee experiences and disruptive AI-powered technology. Powering 700+ enterprises and 2 million employees across the globe, the company has seen 6.5X revenue growth and 300% headcount growth in the Philippines since its Series D Unicorn funding round in January 2022.
Microsoft and Darwinbox collaboration will fuel the global HR tech leader’s growth further while enabling organizations to unlock their workforce’s highest potential.
Commenting on the collaboration, Jayant Paleti, Darwinbox Co-founder said, “We’ve always had the highest regard for the Microsoft brand and ethos. As we align on the joint vision of helping our customers unlock new levels of employee experience and productivity, we’re excited to co-innovate on multiple lines of IP development and take these solutions to our customers globally.”
In the Philippines, Darwinbox works with leading enterprises namely JG Summit Holdings (now Gokongwei Group), Maxicare Healthcare, Shakey's Pizza, Robinsons Bank, Straive, UNO Digital Bank, PLDT, GT Capital Group, Delbros Group, Security Bank, Toyota Motor Philippines, Radius Telecom amongst others.
Ahmed Mazhari, President, Microsoft Asia, said, “In the new world of work, connected and energized employees are a competitive advantage for every organization. We’re pleased to collaborate with leaders like Darwinbox to reimagine employee experience and enable HR teams with the power of technology. Co-innovating with our customers is key to how Microsoft is empowering organizations across Asia to do more with less.”
Deep integrations and multiple lines of co-innovation between Darwinbox and Microsoft will allow Darwinbox to deliver a radically unique and differentiated value proposition to their customers worldwide. As part of this collaboration, Darwinbox will adopt Microsoft Azure for enhancing its Human Capital Management (HCM) SaaS platform.
Darwinbox's mobile-first platform continues to enhance and personalize employee experience (EX) by bringing HR transactions and experiences into the flow of work with Dynamics 365 and Office 365 platforms like Microsoft Teams, Viva, and Active Directory. Darwinbox has leveraged Microsoft's Power BI to further augment its AI-based predictive analytics engine, to build rich visual analytics dashboards thereby helping employees across customer organizations to use data more effectively and power faster business decisions. Strategic product and engineering collaborations between the two companies will amplify innovation around workforce management, payroll management, benefits, talent management, and acquisition.
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