Mumbai, India, (ANTARA/Bernama-AsiaNet)- The company’s training platform aims to expand its successful footprint in Southeast Asia, India and the Middle East while exploring the US market.
Disprz, an audacious global leader in the enterprise learning and skills industry, has achieved a remarkable milestone in securing a major US$30 million Series C funding. The fund is led by Lumos Capital and 360 ONE Asset (IIFL), with support from existing investors such as Kae Capital, KOIS, and Dallas Venture Capital. With this funding, Disprz is now poised to open up a world of opportunity through unprecedented global expansion and cutting-edge product innovation, including the integration of Generative AI across learning and skills cycles.
Disprz’s success marked a turning point in the field of corporate training, pushing the company to the forefront of the industry. With a strong focus on unlocking potential on a global scale, Disprz aims to revolutionize the future of learning and skills development in new markets, especially in Southeast Asia, India and the Middle East, while also expanding in the US market. The expansive Southeast Asia region, which includes countries such as Malaysia, Singapore, Indonesia and the Philippines, is expected to greatly benefit from Disprz’s unique data-driven and business-driven development approach, leading businesses to achieve real results through competency-based talent management . for knowledge-based workers and learning-based performance improvement for front-line workers.
Since its founding in 2015, Disprz has witnessed tremendous growth and has attracted 2.8 million users. Top brands like ICICI Bank, Amazon, IndianOil and Swiggy have trusted Disprz to create person-to-person experiences that drive business progress. In Malaysia, Singapore, Indonesia and the Philippines, companies such as PETRONAS, AIA, Axiata, RHB Bank, PNM, Yoma Bank, Sinarmas, Starbucks and Malayan Insurance have benefited from Disprz’s customized solution.
Guiding the ship of innovation and progress is Mr. Subbu Viswanathan, co-founder and visionary CEO of Disprz. He emphasizes that Disprz not only shapes the learning and skills space, but also creates its own future: “By effectively integrating AI, linking learning and performance management, and adopting a skills-focused approach, the Disprz platform can tackle any building ability or challenge to build skills for any type of workforce. With the world ready to be surprised by Generative AI and organizations are increasingly realizing that the development of skills and re-learning is not a mandate of just HR but of every function, Disprz is poised to shape this industry, and move forward to become India’s first centaur (100 million dollar profitable company) in this category in the next 4-5 years.”
Disprz is poised to embark on a global growth journey with Southeast Asia as an important growth engine using its newly acquired funds. The company plans to expand its dream product team, recruiting data scientists, skill scientists, and software engineers to shape the future of human advancement and intelligence, including investing in Generative AI capabilities. In addition, Disprz aims to strengthen its presence in existing markets by placing larger, localized teams to go to markets in the Philippines, Indonesia, Malaysia and Thailand, thereby incorporating cutting-edge technology in this space and context the local culture.
Implementing the company’s vision will require partnerships with the wider community, as Disprz seeks strategic alliances with key players in the learning ecosystem and human technology. To enhance its already strong product range, Disprz plans to partner with Human Capital Management players, people reward platforms, learning content providers, assessment firms and global HR consulting firms.
Mr. Kuljit Chadha, co-founder & COO of Disprz, emphasizes that the company serves more than 2.8 million users in almost 350 organizations worldwide: “With the latest funding, Disprz’s focus extends to some of the fastest growing markets The world’s fastest growing, including Indonesia, Malaysia, Singapore, Philippines, India, United Arab Emirates, Saudi Arabia and US companies are strategically positioned to take advantage of the growing demand for innovative, scalable learning and skills solutions.
Industry leaders have also recognized Disprz’s unique position in the corporate learning segment. Mr. Rohan Wadhwa, Managing Director of Lumos Capital Group, noted that Disprz offers a rare combination of scope and depth in its product offering, catering to diverse customer needs and the highest level of product innovation. Mr. Karan Ahuja, Fund Manager at 360 ONE Asset (IIFL), praised Disprz’s ability to enable organizations to scale and deliver customized learning solutions, ultimately linking them to business outcomes.
Disprz’s extraordinary growth trajectory and outstanding leadership have attracted worldwide attention. The successful Series C funding is testament to the company’s unwavering vision to achieve success amid challenging financing conditions.
For more information on Disprz’s transformational journey and incredible achievements, visit their website at https://disprz.ai/.
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Source: Disprz
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Caption: (From left) Subbu Viswanathan (Co-founder and CEO) and Kuljit Chadha (Co-founder and COO)
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