Edtech startup GreyAtom raises $1M funding from Pravega Ventures

Edtech startup GreyAtom, a boot-camp style immersive learning program for Data Science, Machine Learning and AI, said it has raised $1M in a new round. The funding was led by an early-stage fund Pravega Ventures, who provides seed and pre-series A stage capital to startups.

Edtech startup GreyAtom raises M funding from Pravega Ventures

The startup was founded in 2017 by Shweta Doshi, Mitul Thakkar and Mayuresh Shilotri, enabling aspirants to learn technologies for future by working on REAL problem statements and datasets from GreyAtom’s industry partners. At the heart of student learning is Commit.Live, a homegrown cloud-based learning platform that ensures that learning stays practice centred, personally meaningful and social at the same time.

Commit.Live empowers the student with deep insight into the qualitative aspects of project work done with metrics like competency maps, code efficiency and adherence to industry standards. In little under a year, GreyAtom has onboard 35 companies to be Industry Partners, empanelled 41 Certified Instructors and processed over 450 students under various programmes.

“Modern employers are interested whether a prospective hire will be able to solve its real-world problem and less concerned with pedigree. As a result, learning outcomes become more critical when teaching engineering disciplines. A mix of online-offline blended approach is the way forward. We have built a product Commit. Live where the students login to solve real-world problems based on real data provided by industry partners. Not just a single faculty but the whole ecosystem is harvested for the benefit of aspirants” said Mitul Thakkar, Co-Founder of GreyAtom.

Previously, Mitul and Mayuresh co-founded Customer360 a company in Customer Engagement Management space, which was acquired by NASDAQ listed Indianapolis, U.S. based-Interactive Intelligence in Nov ‘15, while Shweta worked as Associate Director at Nielsen.

“Commit.Live brings a fresh perspective to education by enabling a compelling learning experience. Commit.Live balances the adherence of traditional training and mixing best of modern academia. Team at GreyAtom is experienced and fanatic about driving learning outcomes for Students and Organizations looking to upskill workforce.” said Rohit Jain, Partner at Pravega Ventures.

VC fund has previously invested in companies like Silicon Valley-based big data startup Innovaccer Inc, AI-driven expense management company Fyle among other companies.