CleverTap vs Darwinbox
In-depth comparison — valuation, funding, investors, founders & more
🇮🇳 India · Sunil Thomas
Valuation
$775M
Total Funding
$303M
450 employees
🇮🇳 India · Chaitanya Peddi
Valuation
$1B
Total Funding
$308M
1000 employees
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
| Metric | CleverTap | Darwinbox |
|---|---|---|
💰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
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
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
Series C
Jan 2017
Series B
Jan 2015
Lead: Sequoia Capital India
Series A
Jan 2014
Lead: Accel Partners
Darwinbox
Series E
Jan 2022
Series D
Jan 2021
Lead: General Catalyst
Series C
Jan 2019
Series B
Jan 2018
Lead: Sequoia Capital India
Series A
Jan 2017
Lead: Accel Partners
Investor Comparison
Unique to CleverTap
Unique to Darwinbox