MentorKart, a CareerTech platform, announced the successful raising of $250,000 in funding from Realtime (RTAF) and TiE Angel India. This significant investment will fuel MentorKart’s mission to address the challenge of corporate clients sourcing, screening, and skill development for candidates across various roles and functions. MentorKart has devised a unique solution to empower corporate clients in making recruits job-ready from the day they join, thus maximizing productivity. The platform runs academies tailored for companies, with the goal of achieving peak efficiency and productivity. The newly acquired funds will be instrumental in expanding MentorKart’s customer base and extending its outreach to aspiring professionals in Tier 2 and 3 cities across diverse industries. To date, MentorKart has raised a total of $500,000 from Realtime (RTAF), Lets Venture, Startup Buddy, and other investors.

Pranay Mathur, Partner & CEO of Realtime (RTAF), expressed his enthusiasm about the investment, stating, “We’re thrilled to invest in MentorKart’s ambitious vision. Their dual-focus approach addresses both corporate skilling demands and the aspirations of young professionals from every corner of our country. By leveraging Generative AI, MentorKart is set to redefine how talent acquisition, engagement, and upskilling is approached. Their drive to tap into Tier 2 and 3 markets aligns with Realtime’s commitment to empowering the future of our workforce. We believe this funding will propel MentorKart to new heights, creating a more job-ready generation and bridging the industry-academia gap".

Ashish Khare, Founder & CEO of MentorKart, highlighted the company’s mission, saying, “MentorKart is on a mission to address a dual challenge, catering to the needs of both employers and ambitious young professionals. The company is also taking bold steps to incorporate Generative AI technology into its platform, enabling scalable acquisition, engagement, and monetization".

MentorKart has set a remarkable goal of directly facilitating employment for over 5,000 young individuals in the coming months and upskilling more than 100,000 students. The platform’s unique ecosystem-based approach, coupled with advanced technological tools, aims to revolutionize how individuals acquire skills and connect with job opportunities. This strategic effort is poised to have a profound impact on the career aspirations of budding professionals.

MentorKart is committed to fostering national and regional inclusivity, with over 100 strategic partners in Tier 2 and Tier 3 cities, and plans to increase this number to 500 in the coming months. This expansion aims to empower local talent and drive regional development. The platform has also cultivated a robust network of mentors, providing valuable guidance and support to users. MentorKart’s influence extends beyond its core user base, with a vast ecosystem serving over half a million individuals through collaborative connections with popular job portals, universities, and colleges.