Darwinbox raised $140 million in a round led by KKR & Co. and Partners Group AG as it deepens its US presence and gears up for a stock-market debut.
The company, which counts Starbucks Corp. and Adidas AG among customers for its people management tools, will keep its valuation at more than $1 billion with the new funding, co-founder Jayant Paleti said in an interview. The round will consist of primary and secondary shares, he said, declining to elaborate on the split.
The Microsoft Corp.-backed firm has more than 1,000 staff in locations including India and Southeast Asia and ...