India, June 24 -- Just a few months after raising $140 Mn in a funding round, HR tech unicorn Darwinbox has now completed an INR 86 Cr (around $ 9.7 Mn) employee stock ownership plan (ESOP) buyback, benefitting more than 350 employees across its 11 offices in India, North America, Southeast Asia and the Middle East.

This is the company's third ESOP buyback in four years.

"Even as we invest deeply in innovation and global growth, we remain equally committed to creating meaningful outcomes for our people. This buyback, like the ones before, reflects our belief in sharing success with our people and building a culture of ownership," said Darwinbox cofounder Jayant Paleti.

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