Enterprise Skilling Startup Disprz Raises $13M In Series B Funding
Disprz, a Mumbai and Chennai-based enterprise skilling startup, has raised $13 million in a Series B round led by Dallas Venture Capital and Mars Growth Capital.
Existing investors Go1 (an Australian unicorn in this space), Tara India Fund IV, Auctus Capital (Family office of Vikas Phadnis, Co-Founder of Eurokids) and Kae Capital also participated in the funding round.
Disprz plans to use the raised capital further to scale up product and engineering teams, establish a sales and marketing division in the US. The startup also plans to expand its existing presence in South East Asia and Middle East markets and invest in building industry-specific product solutions.
Disprz | AI-powered Enterprise Skilling Startup
Founded by Subramanian Viswanathan and Kuljit Chadha in 2015, Disprz is an AI-powered learning and right skilling suite, helping enterprises unlock business potential by enabling organization-wide skilling.
The Mumbai and Chennai-based enterprise skilling startup leverages the power of artificial intelligence, cloud, and mobile to help organizations identify and benchmark themselves against trending skills required in their industry, create impactful learning pathways for bridging skill gaps, and drive learning adoption to facilitate capability building.
Speaking on the development, Subramanian Viswanathan, Disprz Co-founder and CEO, said,
“We are excited to welcome Dallas Venture Capital into the mission of Disprz. DVC’s founding team are former founders who have scaled and exited start-ups, and their understanding of the SaaS space, coupled with their strong network in the US, make them a perfect partner for Disprz as we look to establish ourselves in developed markets, particularly the US.”
Its multilingual app helps to onboard and engage employees, increase productivity, and continuously learn online, working across the spectrum – from when an employee joins a company and as he grows and evolves.
With over 100,000 courses, Disprz serves 200+ Indian and global customer base, including Wellness Forever, Godrej Storage Solutions, Hindustan Coca Cola Beverages, More Retail, Times Internet, Motilal Oswal Financial Services, AIA Group and others.
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