Disprz, a Mumbai, India-based AI-powered learning and skilling suite, raised $30 million in Series C funding for global market expansion and product development using new-age technologies like Generative AI in emerging markets such as India, & expanding to the US.
The round was led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, and Dallas Venture Capital.
The funding will enable Disprz to expand its global team, hire data scientists, skilled scientists, and engineers to complement its product capabilities, and accelerate success through bigger and local go-to-market teams.
The company also plans to form strategic partnerships and make strategic acquisitions, partnering with the broader learning ecosystem, including HCM players, people reward platforms, learning content players, and assessment players.
Subbu Viswanathan, Co-founder and CEO of Disprz said, "Disprz is at the forefront of innovation in the learning and skilling space. We are on a mission to equip the workforce for the rapidly changing world, and we solve this mission using a B2B SaaS approach."
Disprz envisions itself as a people intelligence suite on a global scale, extending beyond employee skilling to every stage in an employee's lifecycle. The company aims to empower organizations worldwide to advance their workforce potential through skills, data, and personalization.
Company: Heuristix Digital Technologies Private Limited
Round: Series C
Funding Month: August 2023
Lead Investors: Lumos Capital and 360 ONE Asset (IIFL)
Additional Investors: Kae Capital, KOIS, & Dallas Venture Capital
Company Website: https://disprz.ai/
Software Category: Skills and Learning Platform
About the Company: Disprz is an AI-powered, mobile upskilling and reskilling suite that helps enterprises unlock business potential by enabling organization-wide skilling while personalizing learning for the individual. Disprz has established its presence on every continent, serving over 350 organizations and boasting an impressive roster of renowned household brands and industry leaders. The company serves industry leaders like Thrasio, Amazon, Mint Dentistry, and others.