MentorKart operates academies on its platform to help corporate clients source, screen, and skill candidates across functions, with the stated objective of making recruits job-ready and productive from day one. The company is incorporating Generative AI to scale acquisition, engagement, and monetization on its platform. MentorKart says it aims to directly facilitate employment for over 5,000 young individuals in the coming months and to upskill more than 100,000 students, targeting a user base beyond one million. The platform reportedly serves over half a million individuals through partnerships with job portals, universities, and colleges, and has onboarded 100+ partners in Tier 2 and Tier 3 cities with plans to expand that to 500+. MentorKart plans to use the latest funds to expand its customer base and extend outreach to aspiring professionals in Tier 2/3 cities. On the financial front, the company disclosed a $250K raise in the most recent round and states it has raised $500K to date from investors including Realtime (RTAF), Lets Venture, Startup Buddy, and others. Founded in 2020 by Ashish Khare and SK Mohanty and headquartered in Delhi, MentorKart is a patented tech-based mentorship platform that offers personalized one-on-one mentorship, one-to-many live mentoring, goal-based packages, and structured pre-recorded courses and master classes. Its programs are delivered in subscription and pay-per-use models for individuals and organizations and are conducted by industry and startup leaders, career coaches, business coaches, and life coaches. The company says it has partnerships with various institutes and already hosts several thousand mentees and mentors on the platform. MentorKart plans to use the new funds to support go-to-market activities, enhance its platform and tech capabilities, build new products, and expand teams across tech, product, and marketing. The company emphasizes mentoring to improve employability and support entrepreneurship among India’s youth.

Total raised

$0M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2023