/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Amid a slowdown in the overall SaaS industry, the Hyderabad-based company is realizing that it may have overestimated the Indian HR tech market
Darwinbox is on a sticky wicket.
The software-as-a-service (SaaS) company focused on human resources technology is struggling to expand its customer base, say two former employees, the founder of an HR tech platform and an investor in the segment, all requesting anonymity. On top of this, some of its big clients have moved back to legacy HR software providers like Workday, Oracle and SAP, according to these four people.
This couldn’t have come at a worse time for the Hyderabad-based company. Earlier, in June, Darwinbox was struck off from the list of unicorns—a startup valued at or more than $1 …
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
