India, Sept. 15 -- HR tech unicorn Darwinbox has received a follow-on investment from Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan. The transaction, particulars of which were not disclosed, consisted exclusively of secondary share sale. The details of the selling investor were not disclosed as well.

TVG first backed the HR tech unicorn in August 2025, leading its $40 Mn funding round. The initial investment was also a mix of primary and secondary funding and was aimed at supporting Darwinbox's international expansion, particularly in North America, as well as investments in AI capabilities.

Founded in 2015 by Jayant Paleti, Chaitanya Peddi and Rohit Chennamaneni, Darw...