Global tech major Microsoft has announced an equity investment into Darwinbox, a human resources (HR) tech unicorn.
Darwinbox’s cloud-based HCM platform caters to HR needs across the entire employee lifecycle with new-age employee experiences and disruptive AI-powered technology.
The investment will see Darwinbox and Microsoft work closely together to empower organisations globally and across the MENA 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.
Jayant Paleti, Co-founder, Darwinbox, 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 MENA region, Darwinbox works with leading enterprises like Noon.com, Masafi, Alef Education, Retailo, Mobily Infotech, Seepco, Eyewa, Shalina Healthcare, and Foodics along with select operations of Al Rajhi Bank, and the Lulu Group.
The company also serves leading international brands such as Nivea, Starbucks, Dominos, Sephora, Swarovski, Adidas, Zara, Lacoste, Calvin Klein, AXA, Tokio, Cigna, and T-Systems.
Paco Salcedo, General Manager Enterprise, Microsoft Middle East and Africa, said, “Startups across the country are innovating and finding new ways of doing business. We are pleased to work closely with leaders like Darwinbox, who are completely reimagining the frontiers of employee experience with the power of technology. Our collaboration with Darwinbox builds on our focus of co-innovating with our customers to empower organisations across the UAE 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 its customers worldwide. As part of this collaboration, Darwinbox will adopt Microsoft Azure to enhance its Human Capital Management (HCM) SaaS platform.
