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3 Latest Announced Rounds

$631.05M Raised in 57 Funding Rounds in the past 7 Days - View All

Funding Round Profile

CUSMAT

start up
India - Bangalore, Karnataka
  • 07/02/2023
  • Series A
  • $3,500,000

CUSMAT is a Skilling Metaverse providing standardized training solutions to maximize productivity by 30-40%, safety by 50-60% accident reduction, and minimize running costs for industries (Mining & Infrastructure, Logistics, and Warehousing, Manufacturing, OEM, Healthcare).

Among the total workforce (around 501 million) in India, only 9% have non-formal and only 2% have formal vocational training. So our aim is to build a smart and skilled workforce training platform.

We have been trusted by companies like Schneider Electric, DHL, MOIL, Thriveni Earthmovers, Vedanta, Voltas, Hindustan Zinc, DTDC, NCL, IMFA, UCIL, and a few others, for our wide range of customized products including Operator based & Skill-based simulators and also funded by top VCs- Venture Catalyst, Better Inc., MapmyIndia.

We are excited about our hyper-growth journey and would love to be an active part in transforming organizations by up-skilling the workforce in the best way possible!


Related People

Abhinav AyanCo Founder

Abhinav Ayan India - Bengaluru, Karnataka

Proactive technology professional, passionate about designing and building products to enrich people's lives. Goal oriented, team player, good listener and driven to constantly improve. Enjoys productive collaboration with peers to excel at organisational aspirations. Successfully executed VR projects for Government of India Companies.