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

Tesla CEO Elon Musk starts first Semi truck deliveries in Sparks, Nevada
Tesla CEO Elon Musk starts first Semi truck deliveries in Sparks, Nevada
By Pranali Mehta

Elon Musk, Tesla's CEO, has recently kicked off the delivery of its first few production Semi trucks developed at its factory in Sparks, Nevada, while talking with Dan Priestly, Senior Manager, Semi truck engineering Tesla. Musk and Tesla did not...

RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
By Pranali Mehta

RedBrick AI, the health-tech startup has reportedly raised $4.6 million in a funding round, which was led by Sequoia India and Southeast Asia’s Surge. According to reports, this fund will be used to expand the market for RedBrick’s medica...

UK increases borrowing as energy support starts and economy declines
UK increases borrowing as energy support starts and economy declines
By Pranali Mehta

The UK has reportedly increased its borrowings as government assistance with energy costs and the effects of a weak economy led to an increase in the UK public debt last month to the fourth highest level for an October on record. Office for Nation...