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Home Gadgets Teachmint gets $3.5 million in seed funding led by Lightspeed India

Teachmint gets $3.5 million in seed funding led by Lightspeed India


Schooling expertise startup Teachmint has raised $3.5 million in seed funding led by Lightspeed India, together with participation from present traders Higher Capital and Titan Capital.

Launched in Could, the Bengaluru-based firm mentioned it has greater than 120,000 tutors unfold throughout 1,000 cities on its platform.

Teachmint presents a cellular and video-first resolution to offline tutors to take courses on-line, together with instruments to judge pupil efficiency and different workflows.

“Our mission is to allow thousands and thousands of excellent tutors in India to take their courses on-line by leveraging Teachmint as their tech spine,” mentioned cofounder and CEO Mihir Gupta.

The startup mentioned it’s going to utilise funds to construct out its product suite, introduce new choices and improve its geographic attain. Its providers are already out there in 10 regional languages, aside from English.

“India’s tutoring and training market is estimated to be over $25 billion, is fragmented into thousands and thousands of tutors and training centres, and Teachmint is ideally positioned to not simply allow this market however probably increase it additional,” mentioned Harsha Kumar, Companion at Lightspeed India.

Teachmint is one amongst a handful of recent ed-tech gamers which might be enabling offline tutors to take their courses on-line, a necessity accelerated by the Covid-19 induced lockdowns earlier this yr.

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