Overall Winner: Darwinbox·72/ 100

CleverTap vs Darwinbox

In-depth comparison — valuation, funding, investors, founders & more

C
CleverTap

🇮🇳 India · Sunil Thomas

Series DEnterprise AIEst. 2013

Valuation

$775M

Total Funding

$303M

65
Awaira Score65/100

450 employees

Full CleverTap Profile →
Winner
D
Darwinbox

🇮🇳 India · Chaitanya Peddi

Series EEnterprise AIEst. 2015

Valuation

$1B

Total Funding

$308M

72
Awaira Score72/100

1000 employees

Full Darwinbox Profile →
🔬

Analyst Summary

Generated from real data · No AI hallucinations

Both CleverTap and Darwinbox compete directly in the Enterprise AI space, making this a head-to-head matchup within the same market segment. CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. Darwinbox is an Indian enterprise AI company founded in 2015 that specializes in human capital management and people analytics solutions.

Darwinbox ($1B) is valued slightly higher than CleverTap ($775M). On the funding side, Darwinbox has raised $308M in total — $5M more than CleverTap's $303M.

CleverTap has 2 years more market experience, having been founded in 2013 compared to Darwinbox's 2015 founding. In terms of growth stage, CleverTap is at Series D while Darwinbox is at Series E — a meaningful difference for investors evaluating risk and upside.

Both companies are headquartered in 🇮🇳 India, competing for the same regional talent and customer base. On Awaira's 0–100 composite score, Darwinbox leads with a score of 72, reflecting stronger overall fundamentals across valuation, funding, and growth signals.

Metrics Comparison

MetricCleverTapDarwinbox
💰Valuation
$775M
$1BWINS
📈Total Funding
$303M
$308MWINS
📅Founded
2013
2015WINS
🚀Stage
Series D
Series E
👥Employees
450
1000
🌍Country
India
India
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
65
72WINS

Key Differences

💰

Valuation gap: Darwinbox is valued 1.3x higher ($1B vs $775M)

📈

Funding gap: Darwinbox has raised $5M more ($308M vs $303M)

📅

Market experience: CleverTap has 2 years more (founded 2013 vs 2015)

🚀

Growth stage: CleverTap is at Series D vs Darwinbox at Series E

👥

Team size: CleverTap has 450 employees vs Darwinbox's 1000

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Darwinbox scores 72/100 vs CleverTap's 65/100

Which Should You Choose?

Use these signals to make the right call

C

Choose CleverTap if…

  • More market experience — founded in 2013
  • CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation
D

Choose Darwinbox if…

Top Pick
  • Higher Awaira Score — 72/100 vs 65/100
  • More established by valuation ($1B)
  • Stronger investor backing — raised $308M
  • Darwinbox is an Indian enterprise AI company founded in 2015 that specializes in human capital management and people analytics solutions

Funding History

CleverTap raised $303M across 4 rounds. Darwinbox raised $308M across 5 rounds.

CleverTap

Series D

Jan 2021

Lead: Tiger Global

$110M

Series C

Jan 2017

$35M

Series B

Jan 2015

Lead: Sequoia Capital India

$20M

Series A

Jan 2014

Lead: Accel Partners

$10M

Darwinbox

Series E

Jan 2022

$123M

Series D

Jan 2021

Lead: General Catalyst

$90M

Series C

Jan 2019

$55M

Series B

Jan 2018

Lead: Sequoia Capital India

$30M

Series A

Jan 2017

Lead: Accel Partners

$10M

Investor Comparison

Shared Investors2
Sequoia Capital IndiaAccel Partners

Unique to CleverTap

Tiger Global

Unique to Darwinbox

General CatalystAvataar Venture Partners

Users Also Compare

FAQ — CleverTap vs Darwinbox

Is CleverTap bigger than Darwinbox?
By valuation, Darwinbox is the larger company at $1B versus $775M — a 1.3x difference. Size can also be measured by team: CleverTap employs 450 people while Darwinbox has 1000 employees.
Which company raised more funding — CleverTap or Darwinbox?
Darwinbox has raised more in total funding at $308M, compared to CleverTap's $303M — a gap of $5M. Combined, the two companies have completed 9 known funding rounds.
Which company has a higher Awaira Score?
Darwinbox holds the higher Awaira Score at 72/100, compared to CleverTap's 65/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 7-point gap that reflects meaningful differences in scale or traction.
Who founded CleverTap vs Darwinbox?
CleverTap was founded by Sunil Thomas in 2013. Darwinbox was founded by Chaitanya Peddi in 2015. Visit each company's profile on Awaira for a full founder biography.
What does CleverTap do vs Darwinbox?
CleverTap: CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. The company provides a cloud-based platform enabling businesses to deliver personalized customer experiences across multiple channels including mobile, web, email, and push notifications. CleverTap's core technology leverages machine learning and behavioral analytics to segment audiences, predict customer churn, and automate targeted messaging campaigns. The platform combines customer data integration, real-time analytics, and AI-driven engagement tools, allowing enterprises to track user journeys and optimize conversion funnels. CleverTap serves global clients across e-commerce, financial services, gaming, and SaaS sectors. The company has achieved a $0.8 billion valuation following Series D funding rounds, with total funding reaching $303 million. This positions CleverTap among India's most well-funded enterprise AI companies. Competitively, CleverTap operates in the customer data platform and marketing automation space, competing with players like Segment, mParticle, and established marketing cloud providers. The company's differentiation centers on real-time personalization capabilities and mobile-first approach. CleverTap demonstrates consistent growth trajectory through enterprise customer expansion and platform feature development, having established offices across multiple continents including North America, Europe, and Asia-Pacific. CleverTap combines customer data platform functionality with AI-powered engagement automation, distinctly positioning itself for mobile-first markets and emerging economies. Darwinbox: Darwinbox is an Indian enterprise AI company founded in 2015 that specializes in human capital management and people analytics solutions. The company develops an AI-powered HR platform designed to streamline talent acquisition, employee engagement, performance management, and workforce planning for large enterprises. Its core technology leverages machine learning and natural language processing to automate HR workflows, predict employee attrition, identify high-potential talent, and provide data-driven insights for organizational decision-making. The platform serves mid-to-large enterprises across industries including technology, finance, manufacturing, and professional services. Darwinbox's solution integrates with existing HR systems and applicant tracking systems to create unified people analytics infrastructure. The company competes in the HCM and HR tech space alongside platforms like Workday, SAP SuccessFactors, and ADP, positioning itself as an AI-native alternative tailored for emerging markets and global enterprises seeking advanced analytics capabilities. As of its latest funding round, Darwinbox achieved unicorn status with a $1.0 billion valuation after raising $308 million across multiple funding stages. The company operates at Series E stage, indicating significant market traction and investor confidence. Its growth trajectory reflects increasing enterprise demand for AI-driven HR solutions and people analytics in managing distributed and complex workforces globally. Darwinbox combines deep HR domain expertise with AI/ML capabilities to address talent management challenges in emerging and developed markets simultaneously.
Which company was founded first?
CleverTap was founded first in 2013, giving it 2 years of additional market experience. Darwinbox was founded later in 2015. In AI, even a year or two of head start can translate into significantly more training data, customer relationships, and institutional knowledge.
Which company has more employees?
CleverTap has approximately 450 employees, while Darwinbox has approximately 1000. A larger team often signals higher revenue or venture backing, but in AI, smaller teams are increasingly capable of building at scale.
Are CleverTap and Darwinbox competitors?
Yes, CleverTap and Darwinbox are direct competitors — both operate in the Enterprise AI space and likely target overlapping customer segments. This comparison is especially relevant for buyers evaluating both platforms.