Saas-based Skilling Platform Disprz Raises $1.6 Mn In Pre-series B Round From Auctus Capital Disprz is a winner of the AatmaNirbhar Bharat App Innovation challenge and uses a SaaS model to deliver learning for enterprises

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pixabay

Disprz, a software-as-a-service (Saas) startup delivering learning and development solutions using artificial intelligence (AI), has raised USD1.6 million from Auctus Capital.

The company intends to employ LaaS (Learning-As-A-Service) to alter how organizations approach to upskilling. The LaaS model merges the human constituent of the conventional learning practice with the technological authority of a cloud-based deliverance platform, powered by highly developed AI algorithms.

"Our technology services the whole spectrum of L&D (Learning & Development), where we act as the skilling partner for enterprises from skill identification, skill gap analysis to delivery of skilling programs digitally, and measuring business impact on the ground. Our platform can be customized and catered to all geographical needs and requirements," said Kuljit Chadha, co-founder, Disprz.

The five year old company serves over 750,000 apprentices and has been doubling-up each year.

"Learning & Development (L&D) is seeing strong tailwinds, pushing the whole space towards digitisation extremely rapidly. The pandemic has only helped accelerate what was inevitable — the movement from offline to a more online way of L&D efforts — especially for large corporates and MNCs (multinational corporations) with multi-locational workforce," said Vikas Phadnis, co-founder and chief executive officer, Auctus Capital.

"Also, People or Human Capital is something I am very passionate about. I believe an organization is only as good as its people," he added.

Disprz plans to deploy the fresh capital to expand in the Southeast Asia region and appoint team associates across positions.

Prabhjeet Bhatla

Former Staff

Business News

Here Are the 10 Highest-Paying Jobs with the Lowest Risk of Being Replaced By AI: 'Safest Jobs Right Now'

A new report from career resources platform Resume Genius finds the top 10 AI-proof careers expected to see the most growth within the next decade.

Business News

Nvidia CEO Jensen Huang Is Now as Wealthy as Warren Buffett. Here's How.

Nvidia became the first-ever company to top a $4 trillion market capitalization this week.

News and Trends

BlueEarth, ResponsAbility, Franklin Templeton Back Varthana with INR 159 Cr Debt Funding

The company plans to deploy the capital towards expanding its network of affordable private schools and integrating solar and renewable energy infrastructure in these institutions.

Growing a Business

How to Know If Your Business Is Actually Ready for a Full-Time, In-House Hire

Here's what founders need to ask themselves before making an in-house hire.

Business Process

How to Implement a Corporate Social Responsibility Program With a Lasting Impact

Corporate Social Responsibility programs are a great way to bring your brand's mission to life and unite employees across the organization around a shared purpose. Drawing from my own experience, here are some tips to launch and sustain CSR programs with lasting impact.