Press Release Summary
Date: September 15, 2026
Location: Mumbai, India
Investment Announcement:
Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan, has made a follow-on investment in Darwinbox, a leading human capital management (HCM) platform, reinforcing confidence in the company’s leadership and product innovation.
Company Background:
- Founded: 2015
- Clients: 1,400 companies and 4.5 million employees globally
- Growth: 70% CAGR over the last five years
- Markets: Strong presence in the United States, Middle East, India, and Southeast Asia
Recent Developments:
Darwinbox has launched Darwinbox Cortex™, an AI-native HCM platform designed to integrate intelligence into the core of HR processes. Partners include Microsoft, Slack, and Glean.
Executive Insights:
- Darius Vakil (TVG): Emphasized Darwinbox’s potential to redefine workforce management.
- Jayant Paleti (Co-CEO, Darwinbox): Highlighted the importance of customer collaboration and AI adoption.
Transaction Details: Further terms of the investment were not disclosed.
Contact Information
- TVG/ Ontario Teachers’:
- Henrietta Dehn: media@otpp.com
- India – Adfactors PR: otpp@adfactors.com
- Global – Kekst CNC: otpp@kekstcnc.com
- Darwinbox: media@darwinbox.in
About Ontario Teachers’
Ontario Teachers’ Pension Plan Board manages $303.2 billion in assets to ensure retirement security for its members.
About Darwinbox
Darwinbox is a top-rated HCM platform recognized for its mobile-first, cloud-based features and AI capabilities, backed by leading global investors.
