Mars Growth, a Liquidity Group Fund, Provides Disprz With $5 Million in Funding
November 29 2021 - 3:00PM
Business Wire
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.
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. Today more
than 200 enterprises including Amazon, Coca-Cola, Uber, and GE
Aviation are clients, with more than 1.2 million learners in 120
countries.
“Disprz is a pioneering company that helps businesses make sure
they have the skills and abilities they need both today 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.”
About Liquidity Group:
Founded in 2018, the Liquidity Group is a global capital market
credit automation company and fund manager providing growth capital
through funds focused on the US, Asia, Europe and the Middle East.
Liquidity Group’s subsidiary fund, Singapore-based Mars Growth
Capital, and its partner MUFG [MUFG:NYSE] jointly handle the
company’s South East Asia activity. It combines real-time data with
proprietary machine learning technology to offer tailored financing
that matches a company’s future growth. Liquidity Group operates
three main divisions: Analysis, Capital, and Market Syndication,
which together provide global lenders a complete cycle of scaled
and quick credit deployment. https://www.liquiditygroup.com
About Disprz:
Founded in 2015, Disprz has helped more than 200 global
organizations redefine their digital skilling and learning
experiences by combining the art of learning with the science of
software and data. Based in Chennai and Mumbai in India, Disprz has
offices in seven countries. Disprz builds skills in the talented
people that power global brands. https://disprz.com
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version on businesswire.com: https://www.businesswire.com/news/home/20211129005608/en/
Jared Shapiro – jared@thetagexperience.com
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