CUSMAT

CUSMAT is a Skilling Metaverse that aims to revolutionize the workforce training sector in India. Founded in 2016, CUSMAT offers standardized training solutions to enhance productivity, reduce accidents, and minimize running costs across various industries such as Mining & Infrastructure, Logistics, Warehousing, Manufacturing, OEM, and Healthcare. Recognizing the limited formal vocational training in India, CUSMAT targets a smart and skilled workforce, addressing the needs of the massive 501 million workforce in the country. The company has gained the trust of industry stalwarts including Schneider Electric, DHL, MOIL, Thriveni Earthmovers, Vedanta, Voltas, Hindustan Zinc, DTDC, NCL, IMFA, UCIL, and others, deploying a wide range of customized products including Operator-based & Skill-based simulators. Furthermore, it has received significant backing from prominent VCs such as Arkam Ventures, Better Capital, Unitus, 9 Unicorns, Venture Catalysts, WFC, MapmyIndia, and others, with a $3.50M Series A investment being the latest milestone on 07 February 2023. With a focus on hyper-growth, CUSMAT is poised to make a substantial impact by up-skilling workforces, thereby positioning itself as a key player in transforming organizations through advanced training solutions in the Indian market. This reflects an exciting opportunity for potential investors and stakeholders in the education and information technology sectors.