Teachmint
| ISIN | 🆔 |
|---|---|
| Industry | Online education |
| Founded 📆 | 2020 |
| Founder 👔 | *Mihir Gupta
|
| Headquarters 🏙️ | Bengaluru, Karnataka |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Teachmint is an Indian online teaching platform based in Bengaluru, Karnataka.[1][2][3][4]
Background
Teachmint was founded in May 2020 by Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar – alumni of IIT Bombay and IIT Delhi with executive experience at OYO, McKinsey & Company, Swiggy and Roposo.[5] The group is also listed in Forbes 30 under 30 Asia, 2021 for establishing India's fastest-growing EdTech startup.[6][3] The company is reimagining the infrastructure for education through their proprietary classroom technology, which is optimized for education providers across the world, including individual teachers, schools, universities and edtech organizations.[7][8]
Teachmint is available in 15+ Indian and International languages including English, Hindi and Punjabi with 10 million+ teachers & students from 25 countries on its platform.[5][9] It crossed one million users in just one year.[10][11]
Funding and acquisition
The company has raised $118 million to date, with the latest fundraise being its series B round in October 2021 of $78 million at a valuation of $500 million.[12] Teachmint is backed by investors such as Rocketship.vc, Vulcan Capital Management, Learn Capital, Lightspeed Venture Partners, Better Capital, Goodwater Capital and others.[13][14][3]
Teachmint has made three acquisitions with Teachmore, Teachee, and Airlearn in undisclosed amounts in cash+stock deals.[15][16]
In 2021, the company partnered with Y Combinator backed Malaysian ed-tech firm Pandai.[17][18] In the same year Teachmint also partnered with Bangladesh based company "Shikho".[19]
Awards
- Entrepreneur Awards 2021; Winner Edtech Start-up of the Year[20]
- Origin Innovation Awards 2021; Winner Startup - Edutech[21]
References
- ↑ Majumdar, Debleena; Sharma, Disha. "From Unacademy's Graphy to Teachmint, how tech platforms are driving the teacher-creator economy". The Economic Times.
- ↑ "Teaching with tech: Helping tutors go online". The Financial Express.
- ↑ 3.0 3.1 3.2 Wang, Yue. "30 Under 30 Asia: Meet The Entrepreneurs Developing New Consumer Technologies". Forbes.
- ↑ "CBSE announcement came at right time to beat student anxiety, confirms 95% teachers in Teachmint survey". India Today.
- ↑ 5.0 5.1 Hariharan, Sindhu. "Education tech infra startup Teachmint expands to 25 countries - Times of India". The Times of India.
- ↑ Hariharan, Sindhu. "Extracurricular learning cos catch parents, investors eyes - Times of India". The Times of India.
- ↑ "Teachers adopting online tutoring witness 400% average growth: Teachmint". Business Insider.
- ↑ "Exclusive: Edtech Teachmint Rolls Out Unique ESOP Plan". Moneycontrol.
- ↑ "Online classes simplified: 50,000 tutors sign up with app launched by Bengaluru based startup". The New Indian Express.
- ↑ V&, NARAYANAN. "Teachmint aims to double its user base in TN to 1 million in next 6 months". The Hindu Business Line.
- ↑ Hariharan, Sindhu. "Teachmint clocks 500% growth in daily recording of online classes in Tamil Nadu | Chennai News - Times of India". The Times of India.
- ↑ "16-month-old Ed Tech Firm Teachmint Valued At $500 Million". Moneycontrol.
- ↑ "Teachmint bags $78 million funding led by Rocketship.vc, Vulcan Capital". The Economic Times.
- ↑ Singh, Manish. "Indian edtech Teachmint raises $20 million to expand to new categories and geographies". TechCrunch.
- ↑ "Teachmint buys education business video engagement platform 'Airlearn'". The New Indian Express.
- ↑ "EXCLUSIVE | Teachmint has completed its third acquisition this month and it's all part of its international play". Business Insider.
- ↑ "Teachmint Partners with Pandai to Power Live Classes for Students in Malaysia". Pandai. 12 October 2021.
- ↑ "Tech in Asia - Connecting Asia's startup ecosystem". Tech in Asia.
- ↑ "Shikho partners with Teachmint to bring live class technology to Bangladesh". The Business Standard. 26 August 2021.
- ↑ "AWARDS WINNERS 2021". Entrepreneur India.
- ↑ "ORIGIN Innovation Awards 2021: Startup Winners - EduTech and Gaming & Esports". TechNode Global. 2 December 2021.
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