Teachmint, A Live Tutoring Platform Raises $3.5 Million From Byju’s Investor Lightspeed India

Teachmint Founders

Teachmint is a startup found by IIT Delhi and IIT Mumbai students Mihir Gupta, Payoj Jain, Divyansh Barodia, and Anshuman Kumar.

The startup came into existence in May 2020 and the five-month-old start-up suddenly rose with flood and open gates for the online platform during pandemic lockdown situation made it possible for them to stand with other competitors.

According to Mihir Gupta, Co-founder and CEO at Teachmint say, the power of edutech platform leveraged the outstandingly experienced teachers, who are the centre of great education and enable them to consider Teachmint as their backbone.

Teachmint is a strong developing and learning loop that helps teachers to conduct online classes. It brings a basket of efficiency and ease to the teachers by providing them the tutors package related online teaching tools.

In today’s world, two-way interactive classes fill the gap of physical classrooms and the teachers with the help of Teachmint can share their study material and videos with their students.

This platform comes with a time table, automated attendance, and fee management system for an easy administration of class tools to save time.

Teachmint enhances student engagement through the presence of tools like assignment and test, notice board, and doubt rooms and alters the student learning approach with automatic grading reports and analytics for their betterment.

Teachmint Founders
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See Also: BYJU’S Is Now Looking To Expands It Footprints In International Markets Starting With US

Teachmint Raises $3.5 Million

Lightspeed India has invested in various platforms even as the Venture Capital firm supports BYJU’s, India’s biggest edutech startup.

Lightspeed India and Teachmint existing investors better capital and titan capitals have raised $3.5 Million for the mobile-first, video-first platform.

Bangaluru-based edutech startup initial funding was not disclosed.

Estimated tutoring in coaching market value is considered to be over $25 Billion which is fragmented with coaching centers, millions of tutors, and various other educational centers.

Teachmint is the platform that is taking an initiative to not just enable their presence in the market but expand it potentially within the roots, said Harsha Kumar, Partner at Lightspeed India.

See Also: Campus Fund, A New Firm That Will Invest In Student-Led Startups In India

Kritika
Student with ambitions, writer with ideas.
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