Disprz has raised $13 million in its Series B funding round led by Dallas Venture Capital and Mars Growth Capital. Existing investors like Go1, Tara India Fund IV, Auctus Capital and Kae Capital also participated in the round, the company told. Disprz will utilise the funds to build industry-specific product solutions, establish sales and expand its Southeast Asia and the Middle East.
“Dallas Venture Capital’s teams are former founders who have scaled and exited startups, and their understanding of the SaaS space with their strong network in the US make them a perfect partner for Disprz as we look to build ourselves, particularly the US,” CEO Subramanian Viswanathan said.
- What is Stock Order : Types, Differences & How Order Works
- India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
- Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
- Ashwini Vaishnaw Encourages German Companies to Invest in India
- Flipkart Appoints Dan Bartlett to Board
“We started as a single product company but are now a multi-product firm while solving key business problems. We are no longer just a good-to-have learning platform but a core business platform that can present our customers with a competitive advantage,” he added.