Mindler, a leading EdTech platform for career guidance and planning, has raised $1.5 million in its pre-Series A round from investor groups associated with Edupreneur Village, Ecosystem Ventures, Inflection Point Ventures, and Chennai Angels.
Founded in July 2015 by Prateek Bhargava, Mindler equips students, counselors, and schools to have a career planning platform that is future-ready and empowers all the concerned stakeholders with state-of-the-art technology, driven by machine learning algorithms and in-depth analytics. The startup uses its AI & machine learning-based platform along with expert advice to provide career counseling to students. It also provides assessments and resources to help students understand various career profiles, the kind of opportunities they can pursue, and more.
Speaking about the company, Founder of Mindler, Prateek Bhargava, said:
"We at Mindler are focusing on both the demand and supply side of the career guidance landscape and thus creating a sustainable model for long-term client engagement and retention. We are driving a movement to enable students to take a scientific approach towards career decision-making. With Edupreneur Village and nVentures on board, we are confident of reaching every grass-root student, something which is now possible for us through Sri Aurobindo Society’s vast education network."
The Delhi-based startup aims to empower all stakeholders in the student career decision-making journey. Apart from a comprehensive career guidance platform for students, Mindler also offers a SaaS platform for educators and EdTech partners to create their own career guidance ecosystem.
Commenting on the investment, Founding Partner and CEO, Ashok Verma of nVentures, said:
"We are very excited to make our 1st investment in Education in India through Edupreneur Village. The platform approach of Edupreneur Village to provide consumer access to its Startups increases the odds of success for any investee company."
Sambhrant Sharma, Director-Education and Member-Executive of Sri Aurobindo Society, laid down an exciting vision for this association, said:
"Mindler’s tech-enabled low-cost career guidance platform can provide much-needed career aspiration to 250mn K-12 children across India at a very young age, thereby creating an opportunity to lift countless families out of low-level exposure-achievement equilibrium. Sri Aurobindo Society can enable last mile adoption for Mindler, since we work with 31 State Governments across India and have multiple education programmes like Edupreneur Village."
Edupreneur Village (part of Sri Aurobindo Society) is India’s largest EdTech ecosystem nurturing Education Startups across India, by providing them Acceleration Support, Consumer Access and Investment. It aims to harness cutting edge EdTech innovation from India and the world, in order to enable adoption at the grass-roots and thereby education transformation in a scalable and sustainable manner. The firm has invested $200K through its partner nVentures, a Singapore based VC Fund.
According to Nitin Bhalla who manages Edupreneur Village, Mindler is the 2nd investment through Edupreneur Village ecosystem. The 1st such investment in Scholar (an AI enabled education doubt resolution App) was acquired by Byju’s last year, establishing success of the platform-based consumer access to investors and partnering Education companies. The platform engages students through a variety of services like micro-scholarships, learning assessments and education content.
In November 2021, Mindler had announced the acquisition of Immrse, a virtual career internship and simulation platform in a cash and stock deal. In the same year, the company had raised INR 10.75 crore (about $1.4 million) in a pre-series A funding round led by Ecosystem Ventures.