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/