Mars Growth, a Liquidity Group Fund, Provides Disprz With $5 Million in Funding | Business
NEW YORK – (BUSINESS WIRE) – November 29, 2021–
Mars Growth, a joint venture fund of Liquidity Group and MUFG, provided $ 5 million in growth credit to Disprz, an India-based (global) SaaS company that offers an AI-powered learning and skills suite and cognitive science that integrates into businesses, aligns with team goals and ensures breakthrough performance for all types of workforce and industries.
The condition sheet was delivered with Liquidity Group’s usual record speed, which included just 24 hours of due diligence using the Liquidity Analysis machine learning platform. The transaction brings the deployment of Liquidity Groups to companies over $ 800 million. The company plans to surpass $ 1 billion by the end of 2021.
Mars Growth is excited about the growth of Disprz during this era of transformation both in the workplace and in education. Their technology puts them at the forefront of helping companies prepare their workforce for the new work 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 approach includes identifying the right skills required by each business, assessing current employee skill levels, skill building that turns learning into action, and analytical tools that measure and scale. to constantly changing needs.
“This transaction reflects our strategy of evolving at the speed of light to provide the growth financing businesses need to grow and impact the world,” said Ron Daniel, CEO and co-founder of Liquidity Group. âOur machine learning due diligence system has enabled us to deploy funds to support the rapid growth of Disprz. “
Founded in 2015 by Subramanian Viswanathan, CEO and Kuljit Chada, COO Disprz is headquartered in Mumbai, India, and offices in Chennai, Gurugram, Bangalore, Hyderabad, Bangkok, Singapore, New Jersey and Dubai. The company seeks to give businesses solutions designed with enterprise-grade security, mobile-friendly and cloud-native. Disprz’s unprecedented agile deployments are tailored to customer needs with rapid implementations through plug-and-play configurations. Today, more than 200 companies, including Amazon, Coca-Cola, Uber and GE Aviation, are customers, with more than 1.2 million learners in 120 countries.
âDisprz is a pioneering company helping businesses ensure they have the skills and capabilities they need now and in the future. “ said Yaron Primovich, CEO of Mars Growth. ” We are delighted to partner with Disprz and to work with their great team. “
âThe Mars team not only provided us with an excellent financial alternative to enable accelerated growth, but also validated our plans and ambitions through their ‘Liquidity Analysis’ platform,â said Disprz co-founder and CEO Subramanian Viswanathan (Subbu). âThe whole process was effortless and only took 24 hours before they presented us with a condition sheet. Funding them is a great option for us to fuel our growth – it gives us a lot of flexibility on drawdowns and, most importantly, provides non-dilutive capital. At Disprz, we empower organizations and teams to find disruption opportunities. The future belongs to those who are ready for the future. We’re here to help organizations thrive by creating a force of continuous learning and skills for their employees.
About Liquidity Group:
Founded in 2018, Liquidity Group is a global capital markets credit automation company and fund manager providing growth capital through funds focused on the United States, Asia, Europe and the Middle East. The subsidiary fund of Liquidity Group, Mars Growth Capital, based in Singapore, and its partner MUFG [MUFG:NYSE] co-manage the company’s activity in South East Asia. It combines real-time data with proprietary machine learning technology to deliver tailored financing that matches a business’s future growth. Liquidity Group operates three main divisions: Analysis, Capital and Market Syndication, which together provide global lenders with a full cycle of rapid and large-scale credit deployment. https://www.liquiditygroup.com
Founded in 2015, Disprz has helped over 200 global organizations redefine their digital skills and learning experiences by combining the art of learning with software and data science. Based in Chennai and Mumbai, India, Disprz has offices in seven countries. Disprz builds the skills of the talented people who power global brands. https://disprz.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20211129005608/en/
Jared Shapiro â[email protected]
KEYWORD: NEW YORK UNITED STATES INDIA NORTH AMERICA ASIA PACIFIC
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY HUMAN RESOURCES SOFTWARE FINANCE BANKING
SOURCE: Liquidity group
Copyright Business Wire 2021.
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Copyright Business Wire 2021.