Cusmat, an immersive skilling and training platform for industries, has raised $100,000 in pre-series A fund round led by We Founder Circle. The other investors include Venture Catalyst, Better Inc, and Map My India. Cusmat enables organisations to onboard, assess, train, upskill, plan to learn tracks for employees to maximise retention rates and on-the-job performance using a cloud-based learning management system.

“Cusmat is a new age immersive reality training tool which has the potential to unleash the most acceptable trend in the upskilling industry. Given that in the post-pandemic era, around 18 million Indians might need to switch occupations by 2030, the market holds a vast scope, said Neeraj Tyagi- Co-Founder and CEO, We Founder Circle. 

Cusmat comes with a broad portfolio of use cases from manufacturing to healthcare, supply chain to education, and more. He said, adding all this makes Cusmat an exciting startup increasing and hence a perfect investment opportunity for angel investors.

The brand is planning to utilise the fresh funds in scaling enterprise sales team, developing Product Training Content, and developing industry-driven platform features. It has raised $650,000 in total, including the current round.

There is a vast scope in the field of upskilling and reskilling in India. The prominent need for jobs has made it one of the hottest markets. And the content has only widened after the pandemic as around 18 million Indians might need to switch occupations by 2030.