HRTech startup Darwinbox, Hyderabad’s first unicorn, announced that its Chief Technology Officer (CTO), Vineet Singh, has been promoted to the role of co-founder. This development marks a significant milestone in the company’s growth, recognizing Vineet’s vital contributions to its innovation and success.

Before joining Darwinbox, Vineet Singh built a strong background in engineering and product development across consumer and SaaS technology sectors. His impact at Darwinbox has been transformative, helping shape the company into a leading HR tech platform. Notably, under his guidance, Darwinbox became the youngest and only Asia-origin Human Capital Management (HCM) product to be featured in Gartner’s Magic Quadrant three years ago.

“We are excited to welcome Vineet as our fourth co-founder. He was the first to join our team in 2015 and has since scaled our engineering and R&D teams into a robust 400-member unit. His influence extends beyond technology, having played a key role in driving Darwinbox’s overall growth,” said Chaitanya Peddi, co-founder of Darwinbox.

Peddi further emphasized Vineet’s key role in achieving Darwinbox’s vision of developing a global-standard enterprise tech product from India. “He has expanded the platform into a comprehensive HCM suite with 15 modules in just six years, a feat unmatched in the enterprise HR tech space,” Peddi added.

Expressing his enthusiasm for his new role, Vineet Singh said, “We will further accelerate our technological innovations by embedding AI as a core platform capability to enhance user experience and provide contextual intelligence to our customers. This is just the beginning, and I’m eager to see the continued growth and innovation that lies ahead.”

Founded in 2015, Darwinbox has experienced rapid growth, tripling its scale in the past two years. The company is expanding into new markets, including the US and UK, and currently serves over 900 enterprises and around 3 million employees worldwide. In 2023, Darwinbox partnered with Microsoft to co-innovate future-ready solutions by integrating both ecosystems. The company has also introduced several industry-first innovations, such as integration with Microsoft Teams and the launch of the industry’s first HR-specific large language model to bring AI advancements to its customers.

Darwinbox is supported by prominent global investors, including TCV, Microsoft, Salesforce Ventures, Peak XV, Lightspeed, and Endiya Partners.