Mindler, the ed tech start-up will utilise the funds towards expansion of the team, entering new geographies and forming institutional partnerships and alliances.
· Ecosystem Ventures, Inflection Point Ventures, nVentures Singapore and The Chennai Angels are prominent investors in the recent round of funding.
· Mindler provides a SaaS platform for educators and ed-tech partners along with a comprehensive career guidance platform for students.
New Delhi, NFAPost: Mindler, a comprehensive career guidance platform for students and educators has closed a $1.5 Million Pre-Series A funding round led by Ecosystem Ventures, Inflection Point Ventures (IPV), nVentures Singapore and Chennai Angels towards augmenting its team, geographical expansion and institutional partnerships and alliances.
Mindler Founder & CEO Prateek Bhargava said the company is excited to have closed our Pre-Series A round and extend gratitude to our investors for their support and belief in its vision and work.
Prateek Bhargava said the company is driving a movement to enable students to take a scientific approach towards career decision making.
With this fund raise, Mindler plans to further strengthen its platform with the objective of shaping the entire career guidance ecosystem. Mindler now has investors from USA, Singapore, Middle East and India hence strengthening the company’s effort to expand globally. With this new round of funding, Mindler not only plans to grow 10x within the next calendar year but also aims to make some strategic collaborations.
New Delhi-based Mindler registered 2020 as a landmark year by growing its collaborations and partnerships, transforming its in-school career guidance programs and experienced more than 90% client retention.
It also launched a SaaS platform for educators and ed-tech partners to create their own career guidance ecosystem. In its effort to empower students during the pandemic, Mindler also launched several new student-first initiatives like the Mindler ‘Scholarship Hunt’ and Mindler ‘Internship Program’.
In the largely unregulated career guidance market, Mindler is working towards creating and certifying career coaches through a multi-level credentialing program in collaboration with National Career Development Association (USA) and Career Development Alliance (USA).
Mindler’s International Certification and Credentialing (ICCC) Program for educators saw over 475% increase with a huge number of educators taking to career guidance; in order to bridge the gap of over 1.5 million career coaches to cater to the needs of the current number of students. The company further plans to accelerate the growth of its alumni pool of over 20,000 certified career coaches across the globe. Taxmann Group and CIIE IIM Ahmedabad are other notable investors in the ed-tech start-up.
Ecosystem Ventures Cofounder Abhishek Sanghvi said selecting a right college and course continues to be the most complex decision of the life for any student.
Source : https://www.thenfapost.com/2021/09/17/mindler-raises-1-5-million-in-pre-series-a-funding/