Is it possible to have two different product features with different prices?

For Example: I have an app that has feature A and B. Feature A is a paid exclusive chat group and feature B is a paid mentorship between a person and a featured mentor. The money is paid to the featured mentor while a certain percentage comes to the app.

If I understand correctly you have one business with two products:

  • Exclusive chat group (all revenue goes to the business)
  • Mentorship program (a portion of the money goes to the business, the rest to the mentor)

So yeah, that's possible.