As AI automates parts of the workforce, Emversity, an Indian workforce-training startup, is building talent pipelines for roles it sees AI can’t replace, and has raised $30 million in a new round to expand job-ready training in the world’s most populous market. The all-equity Series A round was led by Premji Invest, with participation from Lightspeed Venture Partners and Z47, the Bengaluru-based startup announced on Thursday. The funding values Emversity at around $120 million post-money, sources confirm ...

Core Insights - Veriforce has been selected by Ring Energy Inc. as its exclusive contractor management provider to enhance safety and compliance amid the company's growth [1][2][3] - The partnership aims to streamline contractor oversight processes and improve safety training for contractors, including courses on SafeLand and Hydrogen Sulfide (H2S) awareness [2][3] - Ring Energy's expansion has led to a more complex contractor network, necessitating a centralized solution for efficient management [2][3] Company Overview - Ring Energy, Inc. focuses on oil and gas exploration, development, and production, particularly in the Permian Basin [4] - Veriforce is a global leader in contractor management, providing integrated solutions for contractor qualification, training, evaluation, and compliance tracking [5][6] - Veriforce operates with a network of over 3,200 hiring companies across 140+ countries, supporting more than 130,000 contractors and millions of workers [6][7]