Teachmint acquires Indian branch of Singapore-based startup Teachee

  • This is the second acquisition of Teachmint in less than a week
  • Teachmint recently acquired Teachmore, a course-selling startup, marking its first acquisition in 18 months since its inception.

BANGALORE from India, 22 December 2021 / PRNewswire / – Teacher Mint, an educational infrastructure startup and the creator of india largest educational platform, today announced the acquisition of the Indian arm of the startup edtech Teacher. Helping educators and creators sell online courses, Teachee was launched in India in October 2020 by Vlight Technology Pte, a Singaporebased company. This follows Teachmint’s acquisition of Teachmore, a course selling platform that allows teachers to sell educational products such as online courses, live lessons, quizzes and more through their own apps. and websites.

With this, nearly 20 members of Teachee’s India are now part of Teachmore by Teachmint, further strengthening the company’s course offering and enabling its community of millions of teachers to grow their online presence. of the teacher India Country Director Aakash Kasaundhan has also joined the company as a Senior Director, leading the business growth of Teachmore by Teachmint. This acquisition comes at a time when the Teachee platform is being phased out globally.

Commenting on Teachmint’s second and final acquisition, Mihir Gupta, co-founder and CEO, Teachmint, noted, “We are very happy to welcome the Teachee team to the Teachmint family. This acquisition will help expand our course sales offering and help deliver even more value and innovation to our teachers. With the goal of expanding our user base from 10 million to 100 million and beyond, we laser focus on increasing our team strength and onboarding top talent. This acquisition gives us a big boost and we are well positioned to revolutionize growth and monetization opportunities for educators and creators. “

Aakash Kasaundhan, Senior Director, Business at Teachmore (old India country manager at Teachere), noted, “Teachmint’s growth has been phenomenal and it is inspiring to see a company create cutting-edge infrastructure solutions for educators around the world. Our Teachee team are excited to join the Teachmint group and we are definitely stronger together! Despite the shutdown of the Teachee platform, teams around the world have created some truly memorable and exceptional results for thousands of creators and teachers and we are ready to contribute our experience and energy and bring Teachmint to new heights. “

Teachmint recently marked its first acquisition by acquiring Teachmore in a cash and stock transaction to expand its course selling offering. This follows Teachmint’s Series B fundraiser from $ 78 million in October 2021. This is in addition to the suite of educational infrastructure products that Teachmint offers, including Teachmint’s mobile teaching app, Educational mint for the institute and Teachmint for developers. With the adoption of more than 10 million users, more than 4,000 educational institutes and multiple international edtech partnerships, Teachmint is today the only solution to meet the end-to-end infrastructure needs of educators; from K-12 schools to extracurricular tutoring at universities and even edtechs.

About Teachmint:
Teacher Mint is a provider of educational infrastructure and india largest teaching platform. It was founded in May 2020 through Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar – Alumni of IIT Bombay and IIT Delhi with leadership experience at OYO, McKinsey, Swiggy and Roposo. The company is reinventing education infrastructure with its proprietary classroom technology, which is highly optimized for education service providers around the world, including teachers, schools, universities, and edtech organizations.

Using Teachmint’s classroom infrastructure, teachers are able to deliver live online lessons, ensure ongoing student engagement, and automate their administrative workflows. Today, the platform is available in more than 15 Indian and international languages, including English, with more than 10 million teachers and students from 25 countries on its platform.

Teachmint is backed by leading investors such as Rocketship.vc, Vulcan Capital, Learn Capital, Goodwater Capital, Epiq Capital, CM Ventures, Lightspeed India, Better Capital and Titan Capital.

SOURCE educational mint

Back To Top