Edtech firm Jovian bags $1.5M to expand its team of data science experts
Category: #business  By Pranali Mehta  Date: 2022-05-27
  • share
  • Twitter
  • Facebook
  • LinkedIn
Edtech firm Jovian bags $1.5M to expand its team of data science experts

Jovian, a Bengaluru-based e-learning platform for data science and ML, has recently raised $1.5 million in the seed funding round to expand its talent of data science experts to improve its curriculum and offer personal mentorship to its growing student base.

The seed funding round was headed by Mutiply Ventures, with participation from prominent angels such as Phanindra Sama, (co-founder of redBus), CRED founder Kunal Shah, Christian Oestlien, (Vice President, Product Management, YouTube), Aakrit Vaish, (CEO and Co-founder, Haptik), Ankit Bhati, (Co-founder, Ola & Amnic), Anand Madhavan, (VP of Engineering, EverLaw), Aprameya Radhakrishna, (Co-founder, Koo), Better Capital, and Y Combinator.

According to reliable sources, the company plans to utilize the funds in expanding its engineering team as well and engage data science students through courses, learning resources, and competitions.

Jovian’s Co-founder and CEO, Aakash N S said that there is a huge demand for data science talent across the globe, and university courses have not been able to keep up. Whereas, on the other hand, numerous people already possess the skills such as programming, analytical thinking, and math which are required to qualify as a data scientist. Jovian has thereby built a 6-month part-time job-oriented course for working professionals to help cover this gap.

Raveen Sastry, Founding Partner at Multiply Ventures, said that there is extreme shortage of data science professionals around the world, and it is doubling every 2 years. Marketers, researchers, and engineers of today will be the data scientists of tomorrow as growing automation is anticipated to disrupt the jobs landscape in the coming years.

Jovian resolves this problem by upskilling industry employees into data science professionals, hence minimizing this huge gap. Upskilling is an on-going process, and it is the primary principle of Multiply Ventures’ investment strategy, said Mr. Raveen Sastry.

Jovian also provides various free beginner-friendly programs and has the fastest growing community of 200,000+ users from more than 180 countries. In the future, the e-learning company plans to provide programs for ML engineering, Data engineering, and Deep Learning.

Source Credit: http://bwdisrupt.businessworld.in/article/Edtech-Startup-Jovian-Secures-1-5-M-In-Seed-Funding/24-05-2022-430097/

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

Petrofac collabs with Hitachi over offshore joint grid integration
Petrofac collabs with Hitachi over offshore joint grid integration
By Pranali Mehta

Petrofac, an international energy services company, and Hitachi Energy have recently collaborated to provide a joint grid integration and linked infrastructure for supporting the fast-growing offshore wind market. As per sources, this collaboratio...

Street Lighting Control System Market Size, Share to Generate Lucrative Revenues By 2028
Street Lighting Control System Market Size, Share to Generate Lucrative Revenues By 2028
By Pranali Mehta

The research report on Street Lighting Control System market Added by Market Study Report proposes a comprehensive study on the recent industry trends. In addition, the report presents a detailed abstract of the growth statistics, revenue estimation,...

Medical Crowdfunding Platform Market Size, Share to Witness Notable Hike Over 2022-2028
Medical Crowdfunding Platform Market Size, Share to Witness Notable Hike Over 2022-2028
By Pranali Mehta

The latest report on ' Medical Crowdfunding Platform market' Added by Market Study Report provides a concise analysis of the industry size, revenue forecast and regional spectrum of this business. The report further illustrates the major challenges a...