The Delhi-NCR based startup founded by NIT Kurukshetra students Lucky Rohilla and Rishabh Garg offers 1:1 mentorship and career insights from industry experts in various domains.
As an undergraduate student of NIT Kurukshetra, Lucky Rohilla realized many peers and college pass outs feel out of their depth when choosing a career path or joining the corporate world. To ease their doubts and put them on a confident footing, he started Quantel in 2019 with friend and batchmate Rishabh Garg.
The Delhi-NCR-based startup’s USP is that it facilitates one-to-one mentorship for career guidance seekers by industry experts, unlike existing platforms such as LinkedIn. It aims to offer legitimate advice from those who have achieved career goals.
“We have built this platform to cater to the fundamental information, guidance, and mentorship needs of students, professionals, and career aspirants,” says Lucky. “The current ecosystem holds stagnant and stored content on the internet that quickly becomes outdated given our fast-paced world. It isn’t crafted to the needs of an individual.”
The founders gained these insights after months of research on companies and roles and by talking to faculty and seniors.
Initial Obstacles
As the founders were thinking of the different ways in which the problems faced by students and professionals could be addressed, the COVID-19 pandemic hit. This meant zero face-to-face interactions and meetings and, thus, moving the conversations online.
The next challenge was picking the right, qualified experts, pitching to them what Quantel was trying to do, and convincing them about fees that would make personal consultations affordable.
“With time, we stabilized with solutions, our platform gained traction, and we settled on having our corporate office in Faridabad,” says Lucky. “We still have a long way to go to make the platform better for users every day.”
Market potential
Quantel runs on an aggregator business model, wherein the major portion of the amount charged from users goes to the experts and some of it is the user platform fee, says Lucky.
According to the Union HRD Ministry, more than 1.5 million students graduate from engineering schools every year, but not many get employed. Startups such as Great Learning and UpGrad, and others like Lambda School, Masai School, and Pesto help students develop skills. Startup companies such as Klarity offer personalized career coaching.
Quantel’s aim in 2021, Lucky says, is “to make an impact on the lives of around a million career aspirants with a strengthened tech stack and expanded services to more verticals that could serve our target audience better.”
Comments