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BusinessHyderabad HRTech unicorn Darwinbox elevates CTO as fourth co-founder...

Hyderabad HRTech unicorn Darwinbox elevates CTO as fourth co-founder – Times of India

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HYDERABAD: HRTech startup and Hyderabad’s first unicorn Darwinbox on Friday announced the elevation of its chief technology officer (CTO) Vineet Singh to the position of co-founder.
The startup said Vineet’s elevation to this role marks a significant milestone in its journey, reflecting his integral contribution to the company’s success and product innovation.
Vineet, who spent the early years of his career as an engineer building products in both consumer and SaaS tech prior to joining Darwinbox, played a significant role in architecting Darwinbox as the modern-age HR tech platform that became the youngest and the only Asia-origin HCM product to be recognized in Gartner Magic Quadrant globally 3 years ago, the company said.
“We are thrilled to welcome Vineet as the fourth co-founder. 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. Over the years he has played an active role in areas beyond technology to positively impact Darwinbox’s growth,” said Chaitanya Peddi, co-founder, Darwinbox.
“He has been pivotal in realizing Darwinbox’s vision to build a global-standard enterprise tech product from India. 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,” Peddi added.
Vineet Singh, who joined Darwinbox on its journey from day one, said he was excited to step into the role of co-founder and continue driving the company’s technology strategy.
“We will further accelerate our technological innovations, embedding AI as a platform capability to deliver better experience and contextual intelligence to our customers. This is just the beginning, and I’m looking forward to the continuous growth and innovation that lies ahead of us,” he said.
Darwinbox, which was founded in 2015, has grown 3X in the last 2 years and is rapidly expanding in new markets such as the US and UK catering to over 900 enterprises and is used by around 3 million employees globally.
In 2023, Darwinbox partnered with Microsoft to co-innovate future-ready solutions by integrating both ecosystems. Darwinbox has pioneered several industry-first innovations in the past like integration with Microsoft Teams, and the industry’s first HR-specific large language model to deliver AI innovations to their customers.
Darwinbox has been backed by global investors such as TCV, Microsoft, Salesforce Ventures, Peak XV, Lightspeed and Endiya Partners among others.





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