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Reading: RTAF-Backed MentorKart Unveils Groundbreaking Platform To Empower Students
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EdTechReview > News > RTAF-Backed MentorKart Unveils Groundbreaking Platform To Empower Students
News

RTAF-Backed MentorKart Unveils Groundbreaking Platform To Empower Students

Shalini Pathak
Shalini Pathak Published July 14, 2023
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RTAF-Backed MentorKart Unveils Groundbreaking Platform to Empower Students
RTAF-Backed MentorKart Unveils Groundbreaking Platform to Empower Students
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Real Time Angel Fund-backed career and job tech platform MentorKart® has recently launched its upgraded tech platform with the vision to accelerate India’s journey to becoming the world’s skill capital. With an impressive track record, the platform has successfully served over 100,000 students, providing them with the necessary skills and guidance to excel in their careers and become Job ready. The company’s impact extends beyond individual aspirants, as it has forged partnerships with over 100+ universities and colleges with the target to add 3000+ in coming years, ensuring wide reach and accessibility.

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Under this initiative, MentorKart aims to solve a two-sided problem for employers and aspiring young professionals. It is also aggressively working on integrating Generative AI as technology to be implemented across platforms to acquire, engage, and monetize at scale.

Recognizing the importance of regional representation, the company has also onboarded 50+ partners in T2 and T3 cities across different states to add 500+ in a few years, facilitating local talent development. Moreover, it has also cultivated a strong network of over 1,000 mentors, offering its users invaluable guidance. The platform’s reach extends beyond its user base, with over half a million users accessing its services through the entire network, including popular job portals.

Speaking about the development, Founder & CEO of MentorKart, Ashish Khare, said:

Our mission at MentorKart is to transform lives and shape successful careers. With the support of Real Time Angel Fund and other investors, we are poised to revolutionize the job and Skill development market and bridge the gap between talent and opportunities. Our unique approach to bringing the entire employability ecosystem together sets us apart from others in the market. MentorKart, driven by a product-led growth strategy, is committed to directly providing employment opportunities to over 5000+ youth within the next 18 months.

Khare added:

Simultaneously, we aim to skill more than 50000+ students, expanding our user base to over 1 million on the MentorKart platform. With our unique ecosystem Play approach and advanced tech platform, we are poised to revolutionize how individuals acquire skills and connect with job opportunities, making a significant impact in the lives of aspiring professionals.

Real Time Angel Fund specializes in early-stage investments in innovative startups. The fund is sector agnostic, focusing on health tech, fintech, green energy, artificial intelligence, and consumer technology. It provides startups with capital, mentorship, and operational support to accelerate their growth and create significant value through various global partnerships.

The startup’s strong employer network, consisting of over 100+ companies from different industries, e.g., IT/ITES, FinTech, Consulting, E-Commerce, Retail, Logistics & Supply Chain, BFSI etc., provides a diverse range of career opportunities for job seekers. According to the company, MentorKart is all set to raise Series A in the next 12 to 15 months.

Pranay Mathur, Partner & CEO of RTAF, commented:

We recognize the potential of MentorKart’s platform to revolutionize the jobs and skill ecosystem. Their impressive reach and impact on the Indian youth is a testament to their commitment to bridging the gap between skills and employment. We proudly support their efforts in empowering the next generation of professionals. We look forward to watching the next chapter in MentorKart’s journey unfold.

MentorKart’s mission is to provide a unique platform for individuals to chase their goals with the help of active mentoring from its leading mentors. It brings industry leaders and experts to share their vast life experiences and wisdom with the mentees. The firm believes that mentor-mentee relationships can transform lives and sustainably close the skills gaps to meet Industry expectations. These best industry veterans, educational gurus, specific domain experts and entrepreneurs share their mantra to see life and claim what one can deserve from life. Their experience can help individuals build their wisdom to face ups and downs in various phases of life.

TAGGED: Artificial Intelligence, Career Accelerator, Career Mentoring, EdTech Startups/Companies, Online Courses, Online Education, Online Mentorship, Tech Professionals, Universities
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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