Indian Teachmint Raises $3.5M from Lightspeed India, Existing Investors

Indian Teachmint Raises .5M from Lightspeed India, Existing Investors

Teachmint, the live online teaching platform, has raised $3.5 million seed funding led by Lightspeed India. Existing investors Better Capital and Titan Capital also participated in this funding round.

This funding round will be used to build Teachmint’s product suite, introduce additional offerings, and increase geographic reach to more tutors.

Founded in May 2020, the platform helps offline tutors digitise their classrooms, engage online with students, and reach a wider base. Teachmint is a mobile-first, video-first product. It helps in easy content delivery, business workflow tools, engagement and evaluation models.

The press statement shared by the company said within five months of its launch, Teachmint now has more than 120,000 tutors across 1,000+ cities and towns using its platform, despite negligible marketing spends.

Teachmint was founded by Mihir, Payoj Jain, Divyansh Bordia, and Anshuman Kumar — alumni of IIT Bombay, IIT Delhi with executive experience at OYO, McKinsey, Swiggy, and Roposo.

The platform focuses on regional customisation and is available in 10 languages other than English. The platform has uniform adoption across the country, with the user base stretching from Srinagar to Port Blair.

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