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Angel Investor (Individual)

Investments

26

Portfolio Exits

7

About Phanindra Sama

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Latest Phanindra Sama News

Edtech Startup Jovian Secures $1.5 M In Seed Funding

Dec 22, 2022

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), Aakrit Vaish, (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. Founded in 2019 by Aakash N S and Siddhant Ujjain, Jovian’s flagship Data Science & Machine Learning bootcamp helps working professionals in programming or analytics make a career transition to data science. The company also offers several free beginner-friendly courses and has a fast-growing community of 200,000+ users from 180+ countries. 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.”   Data science jobs are expected to grow globally to 25 million by 2025 and a large portion of those jobs is expected to come from India. Jovian is helping working professionals from STEM backgrounds upskill and make a career transition to data science. In the future, the company plans to offer programs for Data engineering, Deep Learning, and ML engineering. 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.” Share this article:

Phanindra Sama Investments

26 Investments

Phanindra Sama has made 26 investments. Their latest investment was in Jovian as part of their Seed VC on May 5, 2022.

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Phanindra Sama Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/25/2022

Seed VC

Jovian

$1.5M

Yes

1

5/12/2022

Seed VC

Bytebeam

$3M

Yes

5

4/5/2022

Unattributed VC

Futwork

$1M

Yes

1

7/19/2021

Seed VC

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$99M

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10

11/30/2020

Seed VC - II

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$99M

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10

Date

5/25/2022

5/12/2022

4/5/2022

7/19/2021

11/30/2020

Round

Seed VC

Seed VC

Unattributed VC

Seed VC

Seed VC - II

Company

Jovian

Bytebeam

Futwork

Subscribe to see more

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Amount

$1.5M

$3M

$1M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

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Co-Investors

Sources

1

5

1

10

10

Phanindra Sama Portfolio Exits

7 Portfolio Exits

Phanindra Sama has 7 portfolio exits. Their latest portfolio exit was Skillenza on July 08, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/8/2022

Acquired

$99M

3

7/26/2021

Acquired

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$99M

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10

6/10/2021

Acquired

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$99M

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10

9/30/2020

Acquired

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$99M

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10

5/28/2019

Acquired

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$99M

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10

Date

7/8/2022

7/26/2021

6/10/2021

9/30/2020

5/28/2019

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

3

10

10

10

10

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