KarmaCircles, a mentorship platform for skilled professionals to give and receive mentorship, has raised seed funding from angels across the world at a valuation of Rs 20 crores. The company's investors include Harinder Takhar (ex-CEO of PayTM), Zain Raj (CEO of Shapiro+Raj), Prasad Kaipa, Abaran Deep (Australia, Partner at PCI Group), Aseem Sood (CEO of Impact Measurement), and Mustafa Patni (USA-based serial entrepreneur).
Meanwhile, Deepak realized that however none of these conversations were documented and no track of any meeting was maintained. Deepak felt a need to create a platform to fill this void. He considered the thought “Why not have a platform where people can freely ask for help and share the gratitude for the help received.”
It’s that missing link inherent to social networking — the unbridled and in-person exchange of energy and real networking — that Karma Circles wants to capitalize on. They have created a platform on which professionals can directly connect with one another to request meetings or seek other services.
Not only does it push people to publically ask and give help but also helps you better your online reputation while increasing outreach. Unlike LinkedIn, we don’t think there is a professional connection unless there is a give and take.
“I have been actively using the platform and have concluded three meetings from the time I have joined. I feel that KarmaCircles platforms makes it seamless for you to approach anyone. People on KarmaCircles are eager to help and respond fast. ‘Meeting reminder’ feature proved very helpful to me. I am looking to launch my venture in retail and hospitality industry and thus wanted to validate my idea by talking to industry experts on KarmaCircles.”
“I have consulted Swati Mittal to understand the nitty-gritties of patent industry in India. It is my first venture and I am working on multiple business ideas. I found KarmaCircles very helpful and would like to be mentored by someone to help build my startup.”
“I had a telephonic interview with Akash Agarwal to understand the process for development of the product I am working on. I have already recommended KarmaCircles to my peers and would certainly engage with KarmaCircles community in future.”