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Teachmint Raises $16.5 Million In Series A Round Led By Global Edtech Venture Capital Firm Learn Capital

May 05, 2021•about 4 years ago

Amount Raised

$16.5 Million

Round Type

series a

Description

Learn Capital, a venture capital firm focused on education technology, announced today it led a $16.5 million dollar investment in Teachmint, India’s leading online teaching platform. Other investors in the round of financing include CM Ventures, and existing investors Lightspeed and Better Capital. Bengaluru-based Teachmint is a mobile-first, video-first, teaching platform that enables teachers to seamlessly digitize their classrooms. The platform also enables ease of content delivery, enhanced student engagement and seamless workflow tools

Company Information

Company

Teachmint

About

The funding will help intensify its focus on development of live teaching technology, and aid enhancement of its products, expansion into newer markets and hiring of skilled talent, the company said in a statement on Thursday. The one-year-old startup, which empowers teachers to create their own classrooms through its app, claims to have more than one million teachers on its platform. “With this latest round of funding, the company has also seen a 3x jump in its valuation in just two months,” Teachmint said. ”He said the company plans to take its product to global markets. “Teachmint is a product of global relevance; we will open it up into global geographies in the coming months,” Gupta said.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech