Funding · Enterprise Software & IT
Disprz raises $13 million in Series B
By Startup Enthusiast ·
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- Date
- Company
- Disprz
- What it does
- AI workplace learning platform
- Kind
- Funding
- Amount
- $13M
- Stage
- Series B
- Based in
- Mumbai
- Founded
- 2015
- Sector
- Enterprise Software & IT
What they do
Disprz sells an AI-based learning and skilling platform that helps companies retrain staff; it had 1.2 million users
What happened
Dallas Venture Capital and Mars Grow Capital led the $13 million round in November 2021, with Go1 and Kae Capital joining
Why it matters
The money was for industry-specific products, a US sales team and growth in Southeast Asia and the Middle East
The details
- Disprz raised $13 million in a Series B round in November 2021.
- Dallas Venture Capital and Mars Grow Capital led it.
- Existing backers Go1, Tara India Fund IV, Auctus Capital and Kae Capital also invested.
- The money went to industry-specific products and a US sales team.
- It also backed growth in Southeast Asia and the Middle East.
The bigger picture
- Companies were rushing to reskill workers for digital work.
- Clients included Times Internet, More Retail and AIA Group.
- It had raised a $2.5 million Series A in 2018.
About the business
- Disprz runs an AI learning suite for companies.
- It was founded in 2015.
- It had over 1.2 million users.
The deal
- Type
- funding
Investors
- Dallas Venture Capital (co-lead)
- Kae Capital (existing) — Also backed the 2018 Series A.
Founders
- Subramanian Viswanathan, Co-founder
- Kuljit Chadha, Co-founder