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Tuesday, October 26, 2021

Darwin Box, Start-Up Company: A Revolution in the HR Tech Market

Every day we come across the news of so many startups in Hyderabad. Wouldn’t it be convenient to find the best? Darwin box is one such famous startup in Hyderabad. Darwin Box is aimed at revolutionizing HR software for small businesses. They want to create a ‘path-breaking approach for the growth of their company in the sector. Ever since its inception, Darwin box has been able to cater to different enterprise clients’ needs. 

Darwin Box, a startup company, brings the best HR solutions to promote employee life cycle management. Ever since their inception in 2015, they have catered to clients’ needs from different industrial sectors. Some of their major clients include Delivery, Myntra, Greaves Cotton, Swiggy, Nivea, PurpleTalk and many more. It wouldn’t be wrong to say that Darwin Box has managed to emerge as the leading startups in Hyderabad in a very short span. 

What Is Darwin Box Startup Company? 

Darwin Box is an employee lifecycle management aimed at improving HR solutions. This HR management and analytics software management is the different platform of businesses. 

How Darwinbox Aims To Be The Dark Horse Of HrTech Startups With Its Six Intuitive Modules
Image Source –  Inc42

Their main goal is to ease the employee life cycle. With their innovative ideas, they aim at managing different sectors. 

Darwin Box, a startup company in Hyderabad, was founded by Rohit Chennamaneni, Chaitanya Peddi and Jayant Paleti. Narrating the story of one of the leading startups in Hyderabad, in an interview, Rohit stated that he had friends and colleagues with Chaitanya. Both Chaitanya and Jayant worked with Ernst Young.

The excellence and innovative ideas of all team members have played an important role in bringing major success to the team and led it to become one of the best HR software for small businesses in Hyderabad. 

The Start Of Darwin Box

New-age HR Technology Platform Darwinbox Raises USD 15 Million Funding From Sequoia India
Image Source – PR Newswire

The HR department in any organization is the most crucial department. Any company dealing with a particular client should know what the HR department of the company is. The founding members realized the importance of learning the HR department when they were working in their respective firms. The realization of the very aspect is what gave birth to one of the leading startups in Hyderabad, Darwin Box.

This HR solution caters to the needs of different HR activities like payroll, employee movement, talent management, people analytics and other basic HR functions. It helps to automate all the crucial HR tasks. 

The coming together of everybody’s experiences has played a key role in the development of the team. The lack of integrated software has called for the inclusion to ensure better HR solutions. Despite being one of the most important departments, there is a huge gap between supply and demand for the HR sector to bring better end-to-end solutions. Hence, the co-founders’ main goal was to find an effective solution for making the HR department diligent and strategic. It is far better than the implementation of the tactical function. 

Leap Of Faith

Most of the startups in Hyderabad or other parts of the world follow innovative ideas to boost leap of faith. The involvement in various projects and professional commitments to different companies play an important role in enhancing the overall impact. 

As far as startups are concerned, people’s dedication is considered. At the same time, HR solutions and employee life cycle management software work on bringing better times. Most of them need to be careful, and starting is a leap of faith. 

Investors

Darwin box, a startup company in Hyderabad, received A series of funding before starting the institution. It was only when they launched their products that they received confirmation regarding the practice. The coming in of different practices had led to investors being interested in the job. 

Most startups need funding even before starting to invest in the institution. It is necessary to consider how one needs to pay back to the investors. Funds for organizations or startups are received only when the product is top-notch. Initially, all the startups take inspiration from experts and entrepreneurs who have experience in it. Funding, as suggested, is the most important part of a startup. Hence, it is necessary to consider the small aspects of it. 

Speaking about the importance of fundraising and how the fund was brought into the institution, the founder said, However, we wanted to validate our proposition with a paying client before we bring on investors. Our biggest trigger for fundraising was to build credibility amongst the clients that we are in it for the long run.”

Darwinbox Start-Up Hyderabad
Image Source – Analytics India Magazine

Why Is The Darwin Box Different?

We see several startups coming each year. But, it is only the unique ones that stand out from each other. Darwin Box works towards ensuring the best for clients. The top-quality HR technology would help in enhancing the impact. The HR software for small businesses is one-of-a-kind that was very new to the Indian market. As a result, it played an important role in enhancing or revolutionizing the entire market. 

There are different HR solutions in the market like HCM, Oracle, and SAP SuccessFactors. Although they’ve already taken over the market, Darwin Box is simply aimed at the Indian market.

There’s a huge difference in the market of national and international markets. It helps to solve the complexities of the market and helps to manage consumer applications. Driving adoption is extremely necessary. It is crucial to managing third-party applications to customize the functionalities across different markets. 

Outsourcing HR solutions also play an important role in avoiding delays and unprecedented changes. The integration of third-party applications helps to include innovative ideas. The insights with sales procedures need to be implemented across different stages. Darwin Box further implemented the different procedures to boost functionality.

Hence, describing the team, in the interview, Rohit said, “Hence we are a team of not just technical specialties but people with a strategic understanding of the HR function. This brings the much-needed foresight & agility to both our product and the process of implementing it while reducing the time to value for the client. And last but definitely not the least, it is our strong post-sales support that has helped us establish ourselves among respected and leading names of the industry.”

How Does Darwin Box Plan To Grow?

The innovative ideas of Darwin Box are aimed at enhancing the market. Now that they’ve been in the national market, they’re planning to expand to the international market as well. Currently, Darwin box contributes to fulfilling the needs of around 20,000+ companies. Darwin box will soon go global and work on reaching overseas to bring overall business expansion. Not only physically, but they also work on expanding the functional modules of the business. 

Darwinbox Performance Management
Image Source -Darwinbox

Darwin box’s main goal is to develop values and spread them around the world. Their main key values for growing their business include action orientation, ownership, customer-centric it, simplification, and meritocracy. They believe that the value will be valid only when they are followed. Hence, they are dedicated to only bring the best impact with the scope of applications. Hence, Darwin’s values are very flexible and will eventually be adopted in different industrial sectors. 

Darwin box’s entire team is focused on enhancing business operations and bringing the business globally. They are dedicated to hiring the best. As entrepreneurs, one should be able to implement innovative ideas to bring the best impact and avoid various shortcomings. Hence, Darwin box a start-up company is growing. 

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Josie Patra
Josie Patra is a veteran writer with 21 years of experience. She comes with multiple degrees in literature, computer applications, multimedia design, and management. She delves into a plethora of niches and offers expert guidance on finances, stock market, budgeting, marketing strategies, and such other domains. Josie has also authored books on management, productivity, and digital marketing strategies.

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