Country for PR: Malaysia
Contributor: Bernama News Agency
Monday, August 07 2023 - 18:53
AsiaNet
Disprz Ignites The Future of Workplace Learning and Skills with US$30m Series C Funding
MUMBAI, India, Aug. 7, 2023 /Bernama-AsiaNet/ --

Enterprise skilling platform aims to expand its thriving footprint in Southeast 
Asia, India, and the Middle East while breaking into the US market



Disprz, the pioneering global leader in the enterprise learning and skilling 
industry, has achieved a remarkable milestone with a significant US$30 million 
secured in its Series C funding round. The funding was led by Lumos Capital and 
360 ONE Asset (IIFL), alongside support from existing investors Kae Capital, 
KOIS, and Dallas Venture Capital. With this funding, Disprz is now poised to 
ignite a world of possibilities through unmatched global expansion and 
cutting-edge product innovation, including the integration of Generative AI 
across the learning and skilling cycle.

The success of Disprz represents a turning point in enterprise skilling, 
propelling the company to the forefront of the industry. With a strong focus on 
unlocking potential on a global scale, Disprz aims to revolutionise the future 
of learning and skill development in emerging markets, particularly in 
Southeast Asia, India, and the Middle East, while breaking into the US market. 
The vast Southeast Asian region, encompassing countries like Malaysia, 
Singapore, Indonesia, and The Philippines, is expected to benefit immensely 
from Disprz’s unique business and data driven people development approach, 
driving businesses to achieve tangible outcomes through skill-based talent 
management for knowledge workers and learning-driven performance improvement 
for frontline workers.

Since its establishment in 2015, Disprz has witnessed remarkable growth and has 
garnered a staggering 2.8 million users. Renowned brands such as ICICI Bank, 
Amazon, IndianOil, and Swiggy have all entrusted Disprz to create 
transformative people experiences that drive business advancement. 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 bespoke solutions.

Guiding the ship of innovation and progress is Mr. Subbu Viswanathan, Disprz’s 
visionary Co-Founder and CEO. He emphasises that Disprz is not just shaping the 
learning and skilling space but also creating its future: “By integrating AI, 
effectively linking learning with performance management and adopting a 
skills-focused approach, Disprz’s platform can tackle any capability-building 
or upskilling challenge for any type of workforce. With the world ready to be 
disrupted by Generative AI and organisations increasingly realising that 
upskilling and reskilling are not the mandate of just HR but every function, 
Disprz is ready to shape the industry, and steer towards becoming India’s first 
centaur (profitable $100 million company) in this category in the next 4-5 
years.”
 
Disprz is well-prepared to embark on a global growth journey with SEA as a 
crucial growth engine utilising the newly secured funds. The company plans to 
expand its dream product team, hiring data scientists, skilling scientists and 
software engineers to shape the future of people advancement and people 
intelligence, including investments in Generative AI capabilities. 
Additionally, Disprz aims to strengthen its presence in existing markets by 
establishing larger, localised go-to-market teams in Philippines, Indonesia, 
Malaysia and Thailand, thereby marrying the state-of-the-art in this space with 
local cultural context.

Executing on the company’s vision would need partnerships with the broader 
community, as Disprz seeks strategic alliances with key players in the learning 
and people-tech ecosystem. To enhance its already robust suite of products, 
Disprz plans to partner with Human Capital Management players, people reward 
platforms, learning content providers, assessment companies, and global HR 
consulting firms.

Mr. Kuljit Chadha, Disprz Co-Founder & COO, highlights that the company serves 
over 2.8 million users across nearly 350 organisations globally: “With the 
latest funding, Disprz’s focus expands to some of the world’s fastest-growing 
markets, including Indonesia, Malaysia, Singapore, The Philippines, India, UAE, 
Saudi Arabia, and the US. The company is strategically positioned to capitalise 
on the increasing demand for innovative and scalable learning and skilling 
solutions.”

Industry leaders have also recognised Disprz’s unique position in the corporate 
learning segment. Mr. Rohan Wadhwa, Lumos Capital Group Managing Director, 
notes that Disprz offers a rare combination of breadth and depth in its product 
offerings, catering to diverse customer needs with the highest level of product 
innovation. Mr. Karan Ahuja, 360 ONE Asset (IIFL) Fund Manager, praises 
Disprz’s ability to enable organisations to scale and deliver customised 
learning solutions, ultimately linking them to business outcomes.

Disprz’s remarkable growth trajectory and exemplary leadership have garnered 
worldwide attention. The successful Series C funding stands as a testament to 
the company’s unwavering vision for success amidst challenging funding 
conditions.

For more information about Disprz’s transformative journey and remarkable 
accomplishments, visit their website at https://disprz.ai/.

FOR MEDIA ENQUIRIES, PLEASE CONTACT:
Name: Ms Sashikala Nair
Tel: +60125669095
Email: sashi@mnairpr.com 

Source: Disprz

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=441750

   Caption: (From left) Subbu Viswanathan (Co-founder and CEO) and Kuljit 
Chadha (Co-founder and COO)

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