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Home Investment

India’s large startup ecosystem is key to disruptive innovation

Fiinews by Fiinews
June 12, 2021
in Investment, Technology
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Rakhecha sees mentorship enabling tech platform shaping the future of youth

India has a large startup ecosystem that is key to disruptive innovation and accelerating India’s progress towards an Atmanirbhar Bharat, Sushil Sharma, Founder and CEO – of Jodhpur-based Marwari Catalysts, said in a release on 12 June 2021.

“Most of these startups are led by first-time entrepreneurs who have the passion to drive a change, but don’t have the experience to deal with the breadth of challenges they face along the way,” said Sharma as Marwari Catalysts Ventures helped New Delhi-based mentorship patented platform, MentorKart.

“A mentor helps us accelerate our growth by showing us a clearer path with fewer distractions and obstacles. And a tech platform enabling mentorship is the need of hour in shaping the future of youth of India. That’s where Mentorkart is playing a crucial role,” added Devesh Rakhecha, Founder and Director at Marwari Catalysts.

Rachit Poddar, Co-founder Marwari Catalysts, elaborated, “Mentorship is a tool to save time and resources of an individual in order for them to make well informed choices. Mentors guide you to unleash the hidden potential within you. They challenge your status quo to bring transition in your mindset, wisdom and skills through sharing their cumulative years of experience.”

MentorKart said it will utilise the funds for go-to-market plans and further enhance its platform, strengthen its tech capabilities, and build new products. The startup is also looking to expand its team across tech, product, and marketing, added Mentorkart in a statement.

“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,” said Ashish Khare, Founder, MentorKart.

Launched in 2020 by Ashish Khare and SK Mohanty, MentorKart offers specialised mentorship programmes for students, working professionals, and entrepreneurs. The platform also offers learning through live sessions with industry experts, structured workshops, masterclasses, and 1:1 personalised interaction with mentors.

Continuing the pursuit to create, build and nurture the startup ecosystem and economic development in the untapped market of India’s Tier II and III cities, Marwari Catalysts Ventures, India’s fastest growing accelerator imparts more strength and inspiration to the talented young generation of India by helping entrepreneurs from Tier II and III cities in their startup journey who are otherwise bereft of the quality mentorship and guidance received by startups in metros.

With MentorKart, the aim is to create a support system to help startups unlock their potential by providing them with the right kind of mentoring that can help them scale their business, learn from experience of existing leaders, open new doors and help them unlock infinite possibilities for a Digital India.

Mentorkart claims to have shown significant traction among its target customers and already thousands of mentees and hundreds of mentors have joined the platform. The startup has plans of global expansions and it is currently in advance talks for the same. #digital #technology #investment #markets /fiinews.com

Tags: Marwari Catalysts VenturesMentorkart
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