Disprz has a significant presence in India, Southeast Asia and the Middle East and now has an eye on more developed markets. As the business has grown its banking needs have become more complex. Partnering with a bank that could supports its expansion plans was mission critical.
With its global reach and expertise, HSBC was a natural fit. Since 2020 the bank has helped smoothe Disprz’s entry into new markets, providing regulatory support, and set up accounts in US, UK, Singapore, Malaysia, Indonesia and UAE. All collections and payments are routed through HSBC, with the bank’s global online platform providing a ‘one window view’ of all Disprz’s international accounts.
A successful expansion programme looks beyond the business plan to the needs of individuals leading it. Which is why Disprz turned to HSBC to provide personal banking services to leaders heading up teams in new markets. “As Disprz’s sole banking partner, HSBC is delighted to be supporting this innovative organisation on its growth journey of transforming enterprise learning by enabling organization-wide skilling,” says Ashutosh Himmatsinghka, Vice President, HSBC Business Banking, India.
“We are growing rapidly and looking to strengthen our business in overseas markets,” says Subramanian Viswanathan. “By meeting not only our international requirements, but also providing us with regulatory-related support in India, HSBC has played an important role in Disprz's international expansion.”