Edtech startup Teachmint raises $78 mn funding led by Rocketship.vc, Vulcan Capital

Teachmint Technologies Pvt Ltd, focused on tutor-student connectivity, on Monday said it has raised $78 million in a Series B funding round led by Rocketship.vc and Vulcan Capital.  

This round also saw participation from Goodwater Capital, Epiq Capital, and existing investors Learn Capital, CM Ventures, Lightspeed India and Better Capital.  

To date, the company has raised $118 million. It will use this fresh infusion of funds to further strengthen its proprietary classroom technology as well as to expand into international markets.  

The startup said it has grown to a user base of over 10 million users in India and aims to scale this to over 100 million users globally in the near term.  

Teachmint was founded by Mihir Gupta, Payoj Jain, Divyansh Barodia, and Anshuman Kumar. The four were previously with firms including McKinsey, Roposo, Open, OYO, and Swiggy.

Teachmint is a mobile-first, video-first, teaching platform that helps teachers to digitise their classrooms. It has more than 700,000 teachers on its platform and is being used in over 1,500 cities and towns in the country. Other than English, it is also available in 10 Indian languages.