Teachmint, an edtech startup providing one-stop solution to tutors and tutoring institutes, has raised its first funding round and also launched India’s first free live tutoring mobile app to digitally empower tutors across the country.
While the company did not disclose the amount, it said in a statement that the exercise has been led by early-stage investor Better Capital, with participation from Titan Capital, the venture firm set up by Snapdeal co-founders Kunal Bahl and Rohit Bansal.
Founded by Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar in 2020, Teachmint provides an easy-to-use platform that allows tutors to conduct unlimited live classes, engage students, and manage their classrooms, enabling them to focus on what they do the best. With Teachmint, tutors can create video doubt sessions anytime and from anywhere.
Teachmint aims to make online teaching easy and accessible to all the tutors in India by empowering them with tools to deliver effective learning outcomes for students and parents, who, according to the company, spend over Rs 25,000 crore on private tutoring every year.
Speaking about the company, Mihir Gupta, Co-founder and CEO of Teachmint, said in a statement,
“We strongly believe that teachers need to be given control within the online education space in order to address the needs of the diverse student base in India. Repeated studies have shown that learning happens best in cohorts where there is a personal touch from the teacher and there is a connection within the cohort. Recent times have highlighted the struggles of teachers while dealing with online tools that are not built for a teaching use case. At Teachmint, we are enabling teachers with the right digital tools so that they can run their classes efficiently and take their own unique styles of teaching to many more students.”
Teachmint has launched a mobile-first video-first app that enables tutors to seamlessly digitize their tutoring business with a simple and familiar mobile experience. It is India’s first mobile and web app that delivers high-quality two-way streaming video as well as a simple tutoring business management workflow to mark attendance, create content, conduct tests and a lot more.
Commenting on the funding, Vaibhav Domkundwar of Better Capital said,
“Teachmint is the need of the hour in India – a simple digital companion that helps millions of tutors deliver an effective learning experience for students and a far more convenient experience for their parents. 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. I am excited to partner with the Teachmint team in this important mission.”
According to the Bengaluru-based company, thousands of tutors across 300+ cities have adopted its platform to manage their tutoring sessions with a combination of online as well as recorded videos. It claims to have crossed 25,000+ users within just weeks of its launch. The company plans to use the fresh capital to enhance its product, customer service and expand its reach to tutors across the country.