About MentorMind
MentorMind is an Education company based in Hyderabad (India) founded in 2016 by Suhas Kaul and Michael Victor. Students and professionals are connected via online challenge platform. MentorMind has raised $375.09 thousand across 3 funding rounds from investors including Axilor Ventures, Turbostart and WABAS. MentorMind was last valued at $1.57 million in May 2022. Its Indian entity Mentormind Edutech Private Limited reported revenue of ₹51.1 Lakh. MentorMind offers products and services including Menternships and Menternship Portfolios. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include upGrad and Great Learning; 1 of its 2 listed competitors has raised funding.
Company details
MentorMind was founded in 2016 in Hyderabad, India, as an online platform in the education and professional development sector. Students and young professionals are provided access to real-time work challenges sourced from organizations across various industries and functions. Certifications are awarded upon task completion, interactions with mentors are enabled through videos, and direct engagements with industry professionals are facilitated.
- Headquarters Hyderabad, India
- Founders Suhas Kaul, Michael Victor
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Website mentormind.in
- Social LinkedIn X Facebook Instagram
- Legal Name Mentormind Edutech Private Limited
- Date of Incorporation 05 Sep, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹51.1 Lakh
FY 2022 · +23% YoY
- Net Loss-₹96.1 Lakh
FY 2022 · -188% margin
- EBITDA-₹92.3 Lakh
FY 2022 · -180% margin
- Total Equity Funding$375.09K (USD)
in 3 rounds
- Latest Funding Round$77.4K (USD), Seed
May 2022
- InvestorsAxilor Ventures
& 5 more
Associated legal entities of MentorMind
MentorMind operates through Mentormind Edutech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mentormind Edutech Private Limited CIN U80904TG2017PTC119342 | Active | 05 Sep 2017 | Hyderabad, Telangana | ₹0.5 Cr | 4 | View details |
Products & Services of MentorMind
MentorMind offers a comprehensive portfolio of products and services, including Menternships and Menternship Portfolios.
Guided virtual projects for building real-world career skills
Collections of experiences for comprehensive job readiness training
Funding Insights of MentorMind
MentorMind has successfully raised a total of $375.09K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $77.4 thousand completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $375,089
- Total Rounds 3
- Last Round Seed — $77,395
- First Round $115,013
(Jul 2018)
- Investors Count 6
All 3 funding rounds of MentorMind with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $77,395 | Seed | $1.57M | Turbostart | – |
| Jul 2021 | $182,681 | Seed | $2.08M | Turbostart | |
| Jul 2018 | $115,013 | Seed | $••••• | Vijay Tunikipati, Axilor Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $1.57M | •••••••• |
| Jul 2021 | $2.08M | •••••••• |
Last known valuation $1.57M (May 2022). 6 investors in total: 3 institutional and 3 angel.
Investors in MentorMind
MentorMind has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Axilor Ventures, Turbostart and WABAS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital financing and ecosystem support for early-stage startups globally. | 2019 | turbostart.co | ||
Developer and venture capital firm invest in angle stage solar energy projects | wabasoman.com | Muscat, Oman | ||
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India | |
LA Luvieen Alva | unknown_5ce53948b1c049439 | |||
SK Suhas Kaul | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_d9046caa6922433bb | ||
VT Vijay Tunikipati | unknown_bd5f222772fc49818 |
Investor details for MentorMind
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mentormind Edutech Private Limited (MentorMind)
Mentormind Edutech Private Limited is the primary company behind MentorMind. The board of Mentormind Edutech Private Limited currently have 4 directors; the longest-serving is Suhas Kaul, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suhas Kaul DIN 07910075 | Director | 05 Sep 2017 | 9 yrs 1 mo | Mentormind Edutech Private Limited |
| Luvieen Alva Nirmal DIN 07263391 | Director | 05 Sep 2017 | 9 yrs 1 mo | Mentormind Edutech Private Limited |
| Gajjala Megha DIN 07910080 | Director | 05 Sep 2017 | 9 yrs 1 mo | Mentormind Edutech Private Limited |
| Michael Kevin Victor DIN 07910060 | Director | 05 Sep 2017 | 9 yrs 1 mo | Mentormind Edutech Private Limited |
People of MentorMind
9 people are tracked at MentorMind (5 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CTO | Leadership | |
Megha Gajjala (she/her) | Co-Founder & COO | Leadership |
| CEO | Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Snehil Singh | Senior Business Development Associate | Team |
Pricilla Nivetha | Associate -mentern Success And Communication. | Team |
Sarika Reddy | Experience Manager | Team |
Saifuddin Ahmed | Partnerships & Alliances | Team |
Complete people profiles for MentorMind
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MentorMind
Figures of Mentormind Edutech Private Limited, the primary company behind MentorMind, for FY 2022. Revenue was ₹51.1 Lakh (+23% year on year). Net loss was -₹96.1 Lakh (-188% margin). EBITDA was -₹92.3 Lakh (-180% margin). Revenue has grown at a compounded annual rate of +59% over three years.
- ₹51.1 LakhRevenue · FY 2022 · +23% YoY
- -₹96.1 LakhNet loss · -188% margin
- -₹92.3 LakhEBITDA · -180% margin
- ₹1.5 LakhPaid-up capital
- +59%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mentormind Edutech Private Limited are on its company page.
Detailed financial statements for MentorMind
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MentorMind
4 dated milestones of MentorMind across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MentorMind is founded.
- Funding First funding round of $115K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $77K.
Competitors of MentorMind
MentorMind has 2 listed competitors in our database, 1 of them funded. They include upGrad and Great Learning.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upgrad.com | 2015 | Mumbai, India | $329.18M | 7,972 | Professional certification training courses are provided via an online platform. | |
| mygreatlearning.com | 2013 | Gurugram, India | 1,167 | Provides online learning programs for IT |
Detailed competitors of MentorMind
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MentorMind
The website of MentorMind (mentormind.in) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 177.2% vs previous month
Top companies in Corporate & Professional Learning Platforms
2 companies that operate in the same segment as MentorMind (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 6,673 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 |
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Related news about Mentormind
Complete news archive for MentorMind
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Frequently Asked Questions about MentorMind
MentorMind was founded in 2016 and raised its 1st funding round 2 years after it was founded.
MentorMind is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
MentorMind is a funded company, having raised a total of $375.09K across 3 funding rounds to date. The company's 1st funding round was a Seed of $115.01K, raised on Jul 2018.
The primary company behind MentorMind, Mentormind Edutech Private Limited, reported revenue of ₹51.1 Lakh for FY 2022, up 23% year on year.
MentorMind was founded in 2016 in Hyderabad, India, as an online platform in the education and professional development sector. Students and young professionals are provided access to real-time work challenges sourced from organizations across various industries and functions. Certifications are awarded upon task completion, interactions with mentors are enabled through videos, and direct engagements with industry professionals are facilitated.
MentorMind's top competitors include upGrad and Great Learning.
MentorMind offers Menternships and Menternship Portfolios.
MentorMind has 6 investors. Key investors include Axilor Ventures, Turbostart, WABAS, Luvieen Alva, and Suhas Kaul.
The valuation of MentorMind is $1.57M as of May 2022.
MentorMind operates through Mentormind Edutech Private Limited.
The legal entities of MentorMind currently have 4 directors, including Suhas Kaul, Luvieen Alva Nirmal, Gajjala Megha and others.