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MentorBuddy: Enabling Global Education

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MentorBuddy is an online communications tool which helps students navigate global education. It eases the process of information exchange and facilitates end user assistance and helps simplify the process through which people communicate. We deliver real information from real people to an audience which is keen to give a kick start to their careers through global education.

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MentorBuddy: Enabling Global Education

  1. 1. INTRODUCTION • FOUNDER: ABHIJEET KHANDAGALE • SECTOR: ABROAD EDUCATION • TEAM STRENGTH: 3 • STAGE: PUBLIC BETA • FUNDING: BOOTSTRAPPED
  2. 2. THE PROBLEM • THE ABROAD EDUCATION SECTOR IS HIGHLY UNORGANIZED AND LACKS DECENT INFORMATION SHARING SPACE. • THE CURRENT SYSTEM PROVIDES THESE STUDENTS WITH ASSISTANCE THAT CAN BE EASILY FOUND ON THE INTERNET. GIVING THEM NO REAL VALUE FOR MONEY. • THE CURRENT INFORMATION EXCHANGE IS HIGHLY CHAOTIC, RANGING FROM FACEBOOK GROUPS TO SKYPE CALLS AND EMAIL EXCHANGES.
  3. 3. SOLUTION • FULLY EQUIPPED PLATFORM TO PROVIDE A ONE STOP SOLUTION FOR THE NEEDS OF AN ASPIRANT. • MENTORS ARE STUDENTS/ALUMNI THEMSELVES IN HOST UNIVERSITIES. • MENTORS ARE PAID FOR THEIR SERVICE, WHICH LESSENS THE FINANCIAL BURDEN OVER THEM. THUS BENEFITTING BOTH SIDES EQUALLY.
  4. 4. MARKET ABOUT 4 MILLION STUDENTS MOVE GLOBALLY EACH YEAR FOR TERTIARY EDUCATION. TOTAL ADDRESSABLE MARKET: $4.5 TRILLION (BY 2017) • TOP 2 DESTINATION COUNTRIES  UNITED STATES (18% OF TOTAL MOBILE STUDENTS)  UNITED KINGDOM (11%) • TOP 2 COUNTRIES OF ORIGIN OF MOBILE STUDENTS  CHINA (694,400 STUDENTS STUDYING ABROAD)  INDIA (189,500)
  5. 5. COMPETITION • THE MAJOR COMPETITION IS TRADITIONAL CONSULTANTS WHO OPERATE IN ABROAD EDUCATION. • A FEW ONLINE PORTALS WHICH CATER TO THE SIMILAR AUDIENCE. • LINKEDIN HAS ENTERED THE SPACE WITH A FEATURE CALLED ‘DECISION BOARD’. IT INDICATES THE BIG PLAYERS ARE EXPLORING THE MARKET TOO! • OUR ADVANTAGE IS NONE OF THEM OFFER THE SERVICE WHICH WE AIM TO.
  6. 6. MANAGEMENT TEAM • ABHIJEET KHANDAGALE FOUNDED 2 STARTUPS IN PAST. 4+ YEARS EXP IN EDUCATION SECTOR AUTHOR, REVIEWER AND ADVISORY BOARD MEMBER FOR SEVERAL INTL. CONFERENCES AND JOURNALS. • SHRUTIN SHETTY ADVISOR – STRATEGY FOUNDER, A TEAM CONSULTING 9+ YEARS EXP - GROWTH STRATEGY, GENERAL MGMT, MARKETING, VENTURE CAPITAL.
  7. 7. TIMELINE Founded Soft Launch Beta Early Revenues Satellite Office in US Growth to 5 countries Jul 14 Oct 14 Jan 15 March 15 Jul 15 Dec 15
  8. 8. SUMMARY • MENTORBUDDY IS AN ONLINE COMMUNICATIONS TOOL WHICH HELPS STUDENTS NAVIGATE GLOBAL EDUCATION. • VISION: MENTORBUDDY AIMS TO BE THE CENTRAL HUB FOR A STUDENT ANYWHERE IN THE WORLD WHO WISHES TO BE A PART OF THE GLOBAL EDUCATION MIGRATION MOVEMENT. • MISSION: TO FACILITATE THE COMMUNICATION OF ASPIRANTS WITH THE GRASS ROOT LEVEL INFORMATION ABOUT THE PLACE THEY WISH TO GAIN THEIR NEXT EDUCATION FROM. MB REDUCES THE STRUGGLE OF A STUDENT TO FIND BEST EDUCATION GLOBALLY THROUGH A SIMPLISTIC AND DIRECT APPROACH.
  9. 9. CONNECT: • WWW.MENTORBUDDY.IN • FACEBOOK.COM/MENTORBUDDY • TWITTER.COM/MENTOR_BUDDY • F6S.COM/MENTORBUDDY

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