Mumbai-based GreyAtom Raises $1.2 Million to Democratize Emerging Tech Education for all Learners

Education Technology News

Mumbai-based education technology company GreyAtom has raised $1.2 million in its Pre-series A funding round led by early-stage venture capital fund Montane Ventures.

GreyAtom’s existing investor Pravega Ventures, and Ritesh Arora, Co-founder and CEO of BrowserStack, also participated in the round.

Founded in 2017 by Mitul Thakkar, Mayuresh Shilotri and Shweta Doshi, GreyAtom provides an enriching ecosystem for aspiring learners to pivot careers in emerging technologies like Data Science, Machine Learning, Artificial Intelligence and full-stack engineering through an end-to-end rigorous learning and career prep process. The startup upskill learners on its learning platform GLabs with programs that are online, mentor led and practice centred.

GreyAtom has so far enabled more than 35,000 learners to reskill and upskill their tech knowledge till date. As per information on its website, the startup currently has 150,000+ learners, 1,200+ mentors in network, with 10 million+ hours of learning delivered on its platform. GreyAtom plans to use the latest funds for diversifying its product line up to include courses for front end engineering, back end engineering, and automation QA. The company also plans to expand its footprints across the country.

Speaking about the company, Mitul Thakkar, Co-founder and CEO, GreyAtom, said,

“Educational institutes haven’t been able to modify their curriculum so as to impart relevant skill sets to students. GreyAtom bridges the gap between learners and the industry by bringing them together on the learning platform GLabs that provides hands-on coding experience, mentorship and access to a huge peer community.”

GreyAtom’s learning platform, GLabs, orchestrates the end-to-end learner experience – this is where learners code up, follow a structured learning path, and get an instant assessment of their performance. The company’s highly blended learning approach – online learning on the platform and offline interactions with mentors and peer community is what is driving outcomes for the learners. Besides learner engagement and gamification elements built into the platform, GLabs also determines the employability index of a learner and matches a learner with the right job.

Sharing on its programs and how they will help in the company’s revenue, Mitul Thakkar said,  

“The newer programs will be launched with an “Income Share Agreement” where there is no upfront payment to be made by the learners, only when they get a job, they share a fixed percentage of their income with GreyAtom. This enables us to create a great amount of trust between us and the learners.”

The company is said to have seen an overwhelming response to their front end engineering program in Income Share Agreement model, and claimed that since its launch in September 2019, more than 4,700 learners have applied for the program.

Commenting on the investment, Josh Bornstein, partner at Montane Ventures, said in a statement,

“We are extremely excited to invest and join GreyAtom’s journey. The founder’s interest in education and their learning product GLabs impressed us the most. GreyAtom’s tech-first approach to skill learners beyond theory by focusing on application and practice enables the company to scale a business that’s typically dependent on instructors or online videos.”

With its mission to democratize emerging tech education by building the platform that guarantees learning outcomes for all learners, GreyAtom aims to impact 5+ million of learners in the next two years.

Img Src

About the Author
Author: Stephen Soulunii
Stephen Soulunii No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.

Like what we do?

The Latest EdTech News To Your Inbox

Follow us:



Latest EdTech News To Your Inbox

About ETR Community

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.

EdTechReview spreads awareness on education technology and its role in 21st century education through best research and practices of using technology in education, and by facilitating events, training, professional development, and consultation in its adoption and implementation.


-> Read More

Join the EdTech Community

Subscribe and Join the 100,000+ members who trust us...

I find every news, reviews very informative and interesting. This site is indeed a great site for both teachers and learners. Thanks to EdTech for creating such an enriching site on education. Hats off!!
- Regin Brown, Educationist and Blogger, United Kingdom

My group likes this site because it's so up-to-date and has tons of relevant articles.
- Angela Giuliano, Teacher, New Mexico

Your write ups and articles ignites the minds making them receptive to the whole new wealth of EdTech.
- Jagat Rana, Parent, India

EdTechReview has some great resources for teachers who need to get some ideas about technology in the classroom.
- Loretta Wideman,Teacher, East Africa

EdTechReview keeps educators up to date with trending tech savvy terms relative to the discipline.
- Dr. Ingrid Rizzolo,Education Professional, Curriculum and Instruction Designer, New York City Area

-> Read More

Go to Our Client List

Adobe Avaya Bettasia Bonio Campus Management CK12 CKS Evernote IBM Intel IQPC Kidzania McGraw Hill Moodle Moot USC Rossier CMR University The British School Canadian International School Pathways Ridge Valley

Subscribe to our Newsletters...