Bengaluru-Based Online Teaching Platform, Teachmint Raises Funding $20M Round Led By Learn Capital
- ByStartupStory | July 8, 2021
Bengaluru-based online teaching platform, $20 million in a Pre-Series B round led by Learn Capital with participation from CM Ventures. The company stated that the fresh infusion of funds will power its continued focus on the development of live teaching technology as well as aid the enhancement of its product. The funding will also fuel Teachmint’s expansion into newer markets and the hiring of skilled talent.
“It has been truly humbling to see the widespread adoption of Teachmint by teachers and students across India. With our platform usage growing 25x over the last quarter, we are becoming the default teaching application in India and the largest live teaching platform globally, outside China,” said Mihir Gupta, Co-founder and CEO at Teachmint.
Vinit Sukhija, Partner at Learn Capital said regarding the same, “In just 12 months, Teachmint has blossomed from a nascent idea to the #1 ranked education app in India – an unprecedented growth narrative for an Indian edtech company. This market resonance is a testament to the Teachmint team’s ongoing commitment to authentically incorporating teachers’ perspectives into the company’s ever-expanding suite of market-pioneering digital teaching tools.”
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