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Access here alternative investment news about Iit Alumni's Data Science Startup Elucidata Gets $1.7 Mn In Seed Funding
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Iit Alumni's Data Science Startup Elucidata Gets $1.7 Mn In Seed Funding

by techcircle.vccircle.com posted 6months ago 44 views
Elucidata Corporation, an India- and US-based data science startup, has raised $1.7 million in seed funding led by Hyperplane Venture Capital, the company said in a statement. The financing round also saw participation from several angel investors. Elucidata has been bootstrapped so far and has already achieved profitability, it said. Elucidata was founded in 2015 by IIT Mumbai graduate Abhishek Jha and IIT Delhi alumnus Swetabh Pathak. The Delhi- and Cambridge, Massachusetts-based company is focused on developing tools and software solutions for drug discovery.