Bengaluru: Data science & machine learning focused ed-tech startup Jovian has recently announced that it has raised USD 1.5 million in seed funding.
The funding round was led by Multiply Ventures, with participation from Y Combinator, Better Capital and prominent angels such as Kunal Shah, (Founder, CRED), Phanindra Sama, (Co-founder, redBus), Aprameya Radhakrishna, (Co-founder, Koo), Christian Oestlien, (Director, Product Management, YouTube), Anand Madhavan, (VP of Engineering, EverLaw), AakritVaish, (Co-founder and CEO, Haptik), and Ankit Bhati, (Co-founder, Ola &Amnic). The fresh funds will be used to expand their team of data science experts to enhance their curriculum and provide mentorship to their growing student base. The company also plans to grow their engineering team and engage their data science community through courses, competitions, and learning resources.
Commenting on the announcement, Aakash N S, Co-founder and CEO of Jovian, said, “There is a large and growing demand for data science talent around the world, and university programs have not been able to keep up. On the other hand, many people already have most of the skills required to become a data scientist: programming, math, and analytical thinking. So, we’ve crafted a 6-month part-time job-oriented data science training program for working professionals to help fill this gap.”
Raveen Sastry, Founding Partner, Multiply Ventures said, “There is a massive shortage of data science talent globally and it’s doubling every 2 years. The engineers, researchers, and marketers of today will be the data scientists of tomorrow as increasing automation disrupts the jobs landscape over the next five years. Jovian solves this by upskilling industry professionals into data science professionals to reduce this massive gap. Upskilling is a continuous process and it’s a core tenet of our investment strategy at Multiply ventures.”
