GreyAtom raises $1M from Pravega Ventures (SLP Mumbai, 2015)

GreyAtom has raised $1 million in a funding round. The round was led by Pravega Ventures, an early-stage investor.

The EdTech startup will use the funds raised to upgrade existing technology, create personalised learning paths and team expansion.

GreyAtom is educational technology product company, designing industry relevant programs for Data Science, Machine Learning, and Artificial Intelligence. GreyAtom is now on it way build “Commit.Live”, cloud-based learning platform to provide students with practical, meaningful and social learning.

Mitul Thakkar is the co-founder at GreyAtom. He previously founded Customer360, which got acquired by NASDAQ in 2015.

Mitul said in an interview with YourStory, “Modern employers are interested whether a prospective hire will be able to solve a real-world problem, and are 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 students log in 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”. Adding further on the fund raising, he said, “We will be pumping in funds in two areas - technology and ecosystem. With Commit.Live, we are building an AI-enabled learning platform which will provide deep qualitative insight into a learner's journey. We will further strengthen our ecosystem of quality instructors, hiring partners and academia".

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Website Link: http://www.greyatom.com

(Image credit: GreyAtom)