Mars Growth, A Liquidity Group Fund, Provides Disprz With $5 Million In Funding
Mars Growth, a Liquidity Group and MUFG joint venture fund, provided $5 million in growth credit for Disprz, an India-based (Global) enterprises SaaS company that offers an AI and cognitive science-based learning and skilling suite that embeds into businesses, aligns with team goals and ensures breakthrough performance for all types of workforces and industries.
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The term sheet was provided with Liquidity Group’s usual record breaking speed, which included just 24 hours due diligence utilizing the Liquidity Analysis machine learning platform. The transaction brings Liquidity Groups deployment to companies in excess of $800 million. The company expects to surpass $1 billion by year end 2021.
Mars Growth is excited about Disprz’s growth during this era of transformation in both the workplace and in education. Their technology puts them at the forefront of helping businesses prepare their workforce for the new working models of the future. Mars Growth is fully committed to supporting high growth companies with scalable funding that helps them continue to create value and efficiencies in their market. Disprz’s technology-driven approach includes identifying the right skills needed by each business, assessing current levels of employee proficiency, skill-building that turns learning into action, and analytical tools that measure and adapt to ever-evolving needs.
“This transaction reflects our strategy of moving at light speed to provide the growth funding companies need to expand and make an impact on the world,” said Ron Daniel, CEO and co-founder of Liquidity Group. “Our machine learning due diligence system enabled us to deploy funding in support of Disprz’s rapid growth.”
Founded in 2015, by Subramanian Viswanathan, CEO and Kuljit Chada, COO Disprz has headquarters in Mumbai, India and offices in Chennai, Gurugram, Bangalore, Hyderabad, Bangkok, Singapore, New Jersey, and Dubai. The company seeks to empower business with solutions built with enterprise-grade security that are mobile-friendly and cloud-native. Disprz’s unparalleled agile deployments are tailored to customer needs with swift implementations through plug-and-play configurations. more than 200 enterprises including Amazon, Coca-Cola, Uber, and GE Aviation are clients, with more than 1.2 million learners in 120 countries.
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“Disprz is a pioneering company that helps businesses make sure they have the skills and abilities they need both and in the future,” said Yaron Primovich, Managing Director of Mars Growth. “We are pleased to partner with Disprz and work with their great team.”
“The Mars team not only provided us a great financial alternative to enable accelerated growth but also validated our plans and ambitions through their ‘Liquidity Analysis’ platform,” said Disprz Co-Founder and CEO Subramanian Viswanathan (Subbu). “The entire process was effortless and took just 24 hours before they presented us with a term sheet. Their financing is a great option for us in fueling our growth — it gives us a lot of flexibility on draw-downs and most importantly, provides non-dilutive capital. At Disprz, we empower organizations and teams to find opportunities in disruption. The future belongs to those who are ready for what’s next. We’re here to help organizations thrive by creating a continuous learning and skilling force for their employees.”
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