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The Bengaluru-based startup enables teachers to digitise their classrooms. It claims to have over 7,00,000 teachers on its platform. This is Teachmint’s third round of investments within 10 months of its launch in May 2020, making it the fastest edtech startup in India to raise more than $20 million in capital,” it said in a press statement.
Learn Capital is a San Francisco Bay Area-headquartered venture capital firm which made early investments in Coursera, Udemy, and Brainly among others.
“There are startups building great products in education and we would love to partner with some of them in taking their products to the larger audience,” said Mihir Gupta, co-founder and CEO, Teachmint.
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[Funding alert] Edtech startup Lead School raises $30M in Series D led by GSV Ventures
Lead School will use this round of fresh capital to accelerate its growth plans through brand branding, product roll-out, acquisitions, and hiring.
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$30 million in Series D funding round led by global VC fund
GSV Ventures along with WestBridge Capital, an existing investor.
According to a statement by Lead School, this is GSV Venture’s first major investment in an India-based edtech firm. The startup had last raised $28 million in Series C round in August 2020 which was led by WestBridge and Elevar Equity. It had also acquired the student assessment startup QuizNext in December 2020.