Funding · Enterprise Software & IT
Disprz raises $30 million Series C
By Startup Enthusiast ·
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- Date
- Company
- Disprz
- What it does
- AI workplace learning platform
- Kind
- Funding
- Amount
- $30M
- Stage
- Series C
- Based in
- Mumbai
- Founded
- 2015
- Sector
- Enterprise Software & IT
What they do
Disprz sells a platform that helps companies train, reskill and move staff into new roles; it served about 350 organisations
What happened
Lumos Capital and 360 ONE Asset led the $30 million round in August 2023, which mixed new shares and share sales by holders
Why it matters
The money was for global growth, product building and generative AI, bringing its total raised to about $50 million
The details
- Disprz raised $30 million in a Series C round in August 2023.
- Lumos Capital and 360 ONE Asset led the round.
- Existing investors Kae Capital, KOIS and Dallas Venture Capital joined.
- The round included both new shares and secondary sales by existing holders.
- Total funding reached about $50 million.
The bigger picture
- Disprz planned to invest in generative AI for learning.
- It aimed at global expansion, partnerships and possible acquisitions.
- It served about 2.8 million users across India, Southeast Asia and the Middle East.
About the business
- Disprz helps firms speed up job readiness and on-the-job skilling.
- It supports career mobility inside companies.
- It served nearly 350 organisations.
The deal
- Type
- funding
Investors
- Lumos Capital (co-lead)
- 360 ONE Asset (co-lead)