<ul><li>Darwinbox, an HRTech Software-as-a-Service (SaaS) firm, reported a 58% year-on-year (YoY) increase in revenue for FY24, reaching Rs 392 crore.</li><li>The significant growth is attributed to international expansion and integration of AI-powered tools into the product offerings.</li><li>The company expanded operations into North America, Southeast Asia, and the Middle East, contributing over 50% of new annual recurring revenue (ARR) in FY24.</li><li>Despite strong revenue growth, Darwinbox has not yet turned profitable, focusing on long-term growth and financial stability to support R&D and global expansion.</li></ul>

HR tech SaaS firm Darwinbox reports 58% jump in revenue to Rs 392 crore in FY24

Discover more