India-based global human resource ( HR ) technology platform Darwinbox has signed definitive agreements under which Switzerland-based private fund manager Partners Group and funds managed by global investment firm KKR will co-lead an investment of $140 million in the company, with additional participation from Gravity Holdings.

The addition of Partners Group and KKR to an already-solid cap-table, Darwinbox says, underscores its strong momentum over the recent years. The investment positions the platform well to deepen its technology leadership and accelerate its international expansion plans.

Founded in 2015, Darwinbox is a mobile-first and artificial intelligence ( AI )-enabled human capital management platform that serves more than 1,000 enterprises around the world and has, in less than a decade, expanded internationally across multiple markets, including Asia-Pacific, the Middle East, the United Kingdom and the United States.

Globally, over 3 million employees from leading brands, including Starbucks, Nivea, AXA, Cigna, WeWork, Crisil and T-Systems, rely on the platform for HR management, including using company products like a multi-country payroll solution and those with enhanced generative AI features.

“By placing the employee experience front and centre – and ensuring our platform is deeply configurable to diverse local needs – we have helped transform HR for enterprises globally,” adds Jayant Paleti, the platform’s co-founder. “With top-tier investors backing us, we’re poised to amplify our global momentum and deliver innovative AI-powered solutions for thousands of enterprises worldwide.”