Teachmint, an education infrastructure provider and India's largest online teaching platform, has acquired Teachmore, a course-selling platform that enables teachers to sell educational products like online courses, live classes, quizzes, and more, marking its first acquisition since its inception.
The integration will expand Teachmint’s course-selling offering to help its community of millions of teachers grow their teaching business, according to a blog post released by Teachmint. Post the acquisition, Teachmore product will continue to operate independently while also integrating on the Teachmint platform to deepen the company’s business support layer for their teachers, the post added.
With Teachmore onboard, Teachmint will further expand the ed-infra offerings to enable teachers, freelancers, and creators to build a global teaching business by sharing their knowledge and passion with ease. This gets added to the suite of education-infra products that it has been offering including Teachmint's mobile teaching app, Teachmint for Institute, and Teachmint for Developers.
Founded in 2017 by Harshal Bhakta and Deep Shah, Teachmore is an all-in-one platform for teachers and creators to launch and sell courses in various formats through their own apps and websites. The platform enables teachers and creators to capture their knowledge and productize it effectively with just a few clicks and no code. From K-12 and competitive exams to music, trading, wellness, and cooking academies, teachers pan India have leveraged the Teachmore platform to grow their education business exponentially by selling courses across the world.
Announcing about the acquisition, Mihir Gupta, Co-founder & CEO of Teachmint, said,
"We are delighted to welcome the Teachmore team to the Teachmint family. We met Harshal Bhakta and Deep Shah just a few weeks back and instantly connected with their passion to help teachers. Since the beginning of our journey, we knew that enabling teachers to build their teaching brand and business was a natural extension of our product. And with Teachmore we have found the perfect partner to integrate this at scale. With our platform reaching 1+ million educators across 25 countries, we are excited about the immense growth and monetization opportunities we can offer them. Teachers are at the center of everything we do and we are looking forward to delivering even more value and innovation to them with Harshal, Deep Shah, and the Teachmore team."
Teachmint, started in 2020 by Mihir Gupta, Payoj Jain, Divyansh Bordia, and Anshuman Kumar, is a video-first teaching platform that provides a tutor management software platform. The platform offers features such as virtual classrooms with assignment and notes sharing, administration management, students information management, and progress tracking, etc.
With adoption from more than 4,000 educational institutes in India and multiple international EdTech partnerships, the company's sole aim is to significantly increase teaching efficiency, reduce costs and increase the student base for existing teachers. Teachmint is supporting new individuals to create teaching businesses from scratch across domains like K-12 tutoring, test prep, and extra-curricular learning.
Commenting on the latest development, Deep Shah, Founder of Teachmore, said,
"We share a common set of values with Teachmint, especially towards empowering the teacher community, and we are thrilled to join hands with them. Harshal and I have been building educational products for the past 10 years with a focus on solving problems for teachers. Coming together with Teachmint will help us serve this community even better. It has been truly inspiring to see Teachmint’s journey and the impact they have made. We are very excited about the innovation and value we can bring in the education sector together."
Earlier, Teachmint had announced a partnership with Kuala Lumpur-based EdTech startup Pandai to deliver classroom solutions to over 5 million students in Malaysia through its live class technology.
Teachmint had last raised $78 million in its Series B funding round led by Rocketship.vc and Vulcan Capital in October this year.