Teachmint bags funding from Better Capital
Teachmint bags funding from Better Capital

Bangalore-based EdTech startup Teachmint has announced its first round of funding in August 2020, led by Better Capital and joined by Titan Capital (a venture firm started by Snapdeal co-founders Kunal Bahl and Rohit Bansal). The amount of funding was not disclosed.

Proceeds from the round will be used for product development, ensuring customer satisfaction and onboarding maximum tutors from all parts of the country.

Teachmint Technologies Pvt Ltd. was founded this year by IIT Bombay and IIT Delhi alumni, Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar, who have previously worked at startups and firms like McKinsey, Roposo, Open, OYO, and Swiggy.

Teachmint is an all-round solution unifying live classes, student engagement and management tools. Its platform enables teachers to enhance their teaching methods and focus only on teaching. The startup mainly focuses on teachers and teacher-student connectivity and has launched an app that enables teachers to digitize their coaching business with a simple mobile experience. It offers a two-way streaming video as well as a tutoring business management system to mark attendance, create content, conduct assessments among many more such services.
The startup has made its presence across 300 cities where teachers have adopted its platform to bring about their tutoring sessions with a mixture of online as well as recorded videos. It currently has more than 25K users since it launched.

Better Capital founder and CEO Vaibhav Domkundwar was quoted to say, “The rapid adoption of Teachmint by tutors across categories is a testament to the intensity of the need as well as the finesse of the product.”

They are working with a vision to make e-teaching and e-learning easy and accessible to all the tutors and students in India. Online learning is at an all-time high in India and right now the only way to impart and receive education since schools and colleges are closed due to COVID-19. They believe that students learn best from their educators with whom they can personally connect and interact. Teachmint is making the teacher-student interaction simple and easier.

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Aishwarya writes about the startup ecosystem on VCBay. She is a third-year Computer Science engineering student who looks forward to exploring the world of startups and finance.

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