Mentorship patented platform MentorKart announced on Thursday that it has raised $150,000 in a seed round led by Amit Singal and Manish Aggarwal, Founders of Startup Buddy.
According to a statement, MentorKart plans to use the freshly raised funds for go-to-market plans and further improve its platform, strengthen its tech capabilities, and develop new products. The startup is also planning to grow its team across tech, product, and marketing, the statement added.
Speaking about the development, Ashish Khare, Founder of MentorKart said, “We at MentorKart are focussed on our mission to make the youth of India future-ready. As we see, there is a huge demand for mentoring among the youth and we believe that in the next few years, MentorKart will become a true cart of mentoring for India’s aspiring youth.”
Established in 2020 by Ashish Khare and SK Mohanty, MentorKart offers specialized mentorship programs for students, working professionals, and entrepreneurs. The platform also enables learning through live sessions with industry experts, structured workshops, masterclasses, and 1-on-1 personalized interaction with mentors.
Vijay Sethi, Chief Mentor, and Chairman of Advisory Board, said, “Over the last few months, I have seen huge traction among students and entrepreneurs for mentoring. Mentorkart, with its unique methodology for personalized mentoring and a dedicated team, has a pool of experienced mentors who are working relentlessly in the journey of making the youth of India future-ready.” “This round of funding will help us to take Mentorkart to next level and make it ready to launch the next set of programs,” he added.
Mentorkart claims to have recorded significant traction among its target customers with thousands of mentees and hundreds of mentors already joining the platform. The startup has plans for international expansions and is currently in advance discussions for the same.
Amit Singal, Co-founder, Startup Buddy, who has been actively investing in startups since 2015, added that investment in MentorKart is a strategic move into this upcoming domain of mentorship.
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