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Reading: Mentorship Marketplace Quantel Records 6X Growth in a Month
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EdTechReview > News > Mentorship Marketplace Quantel Records 6X Growth in a Month
News

Mentorship Marketplace Quantel Records 6X Growth in a Month

Stephen Soulunii
Stephen Soulunii Published March 20, 2023
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AI-Driven Mentorship Marketplace Quantel Records 6X Growth in a Month
AI-Driven Mentorship Marketplace Quantel Records 6X Growth in a Month
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Quantel, an AI-powered mentor network platform in India that provides personalized mentorship programs and experiential learning experiences, has recently recorded a record-high 6X jump in its monthly earnings, attributed to new strategic initiatives implemented by the platform backed by robust mentorship plans with annual subscriptions.

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Learning is an ever-evolving concept; every person learns differently, and several methods can be applied to achieve the end goals. Traditionally, learning usually happens in lecture format, however, that method brings engagement only for some individuals. Considering the extensive need to put the learner at the forefront of the process and learn in real-time and the world, Quantel provides experiential learning to individuals and organizations throughout India to bridge the accessibility gap for people they aspire to become.

Founded in 2021, Quantel is recognized as a technology-driven expert marketplace that provides a mentorship network to individuals for upskilling and achieving their career goals and businesses for growing and scaling to their maximum potential. The platform boasts an extensive network of experts and has created an environment where learning and growth are accessible.

Delighted with the business performance, Lucky Rohilla, Co-founder of Quantel, said,

Quantel was incepted with an idea to help individuals head start and ramp up their careers by 10X while gaining mentorship from real industry experts. Today, we have grown multifold both vertically and horizontally by enabling clients to access the latest insights from the most successful mentors in their field.

In a span of 18 months, Quantel has created a database of mentors that are specialized in different domains to help user companies find the right mentor aligned with their goals. The platform works on an annual plan with user companies to further the learning outcomes and act as a catalyst for learners.

Quantel capitalizes on the potential of Artificial Intelligence, Machine Learning, and Big Data to customize the mentoring plans suited to an individual or organization’s specific needs and goals. The platform also provides exclusive access to real-time performance tracking and analytics to help organizations understand learners’ progress and quickly identify the key areas of improvement and suggest ways to optimize the mentoring plan to ensure the clients are successful.

Since its inception, Quantel has acquired more than 300+ B2B clients, including PhysicsWallah, Unacademy, StudyIQ, Testbook, and many others.

Quantel is experiencing a higher growth rate with the client base increasing continuously and projecting to close by 500 clients by March 2023.

The platform has received an impressive MRR of Rs. 35 Lacs from January 2023, and a 20-25% month-on-month growth rate. The platform is planning to close Q4 of FY23 at an MRR of a whopping Rs. 1.5 Cr. The platform is said to be in talks with investors to raise funds for strengthening its technology stack, marketing and branding, and team expansion.

Quantel helps learners connect with experts and mentorship holding experiences in leading firms like Amazon, Microsoft, Adobe, Bain & Company, McKinsey, KPMG, EY, Goldman Sachs, and many more. The mentors guide the learner through diverse domains, such as Data Science, AI/ML, Technology, Management, Finance, Food blogging, Freelancing, social media influencing, and many others.

TAGGED: AI Education, AI-based Learning, Data Science Course, Machine Learning, Mentorship
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By 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.
Previous Article Edtech Startup Pivot Raises $1.4 Million to Support Student and Teacher Wellbeing Edtech Startup Pivot Raises $1.4 Million to Support Student and Teacher Wellbeing
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