By the HR Observer Staff
US tech giant, Microsoft Corp. has invested in Asian human resources software company Darwinbox, with an aim to unlock methods to personalise work for companies to become more efficient.
According to the companies, Microsoft has made an equity investment of an undisclosed size as an extension of Darwinbox’s Series D round. The start up company is valued more than $1 billion in early 2022.
Both companies will work together to integrate the Darwinbox and Microsoft product ecosystems. According to the startup, this partnership is amongst the first of its kind in the global Human Capital Management (HCM) market.
“With Darwinbox on MS teams, employees can access HR services without the hassle of switching between multiple apps,” wrote Dawrwinbox in a statement.
According to the company, HR Transactions like attendance, leaves, access to policies, and recognitions “can happen in a single command.”
“Employees can raise queries via Helpdesk on MS Teams. They can be notified of critical tasks. This can also help create a culture of continuous feedback in the organization with the ability to share performance feedback on MS teams,” they explained.
Microsoft and Darwinbox align on the core tenet of empowering every person and organization on the planet to achieve more. Collectively we hope to accelerate innovation, drive better go-to-market, and unlock better scale for value delivery to our customers across the world.
This is not the first Microsoft move within HR. The company has made other moves in the HR tech market.
“Startups across the country are innovating and finding new ways of doing business. We are pleased to work closely with leaders like Darwinbox, who are completely reimagining the frontiers of employee experience with the power of technology,” said Paco Salcedo, General Manager Enterprise, Microsoft Middle East and Africa in a statement.
Darwinbox, serving more than 700 enterprise clients, was founded in Hyderabad, India, in 2015. As part of their partnership, Darwinbox will adopt Microsoft Azure to enhance its SaaS platform.