விணித் சுகிஜா News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Indian edtech Teachmint raises $20 million to expand to new categories and geographies – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Teachmint Raises $16 5 Million in Series A Round Led by Global EdTech Venture Capital Firm Learn Capital
digitalmedianet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitalmedianet.com Daily Mail and Mail on Sunday newspapers.
Online teaching platform Teachmint on Tuesday said that it had raised $16.5 million (around Rs 120 crore) in a Series A funding round led by Learn Capital.
This investment round also witnessed participation from CM Ventures, and existing investors like Lightspeed and Better Capital, the company said.
This is Teachmint s third round of investments within 10 months of its launch in May 2020, raising more than $20 million in capital.
According to the official statement, the edtech platform will use these funds for hiring top talent, R&D on teaching technology, strategic acquisitions, and further market expansion.
Founded by
Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar - alumni of IIT Bombay and IIT Delhi with executive experience at OYO, McKinsey, Swiggy and Roposo, Teachmint claims that more than 700,000 teachers from 1,500+ cities and towns have signed up on its platform from Srinagar in Jammu and Kashmir to Port Blair in Andaman and Nicobar Islands since its
Indian online teaching platform Teachmint raises $16.5 million
An Indian startup that began its life after the global pandemic broke last year said on Tuesday it has concluded its third financing round as it enables hundreds of thousands of teachers in the world’s second-largest internet market to run classes online and serve their students.
Bangalore-based Teachmint said today it has raised $16.5 million in its Series A financing round. The round was led by Learn Capital, the San Francisco Bay Area-headquartered venture capital firm that focuses on edtech firms and has backed some of the world’s most promising online learning startups, including Coursera, Udemy, Nerdy, Minerva and Brainly.
The shift to online learning caused by Covid-19 has been a boon for edtech start-ups such as Poland’s Brainly, which has just closed a major new funding round that will help it expand in emerging markets.
Brainly, a start-up from Poland that has built a popular network for students and their parents to engage with each other for advice and help with homework questions, has raised 80 million US dollars in a series D round. The new money will be used both to continue building out the tools that it offers to students as well as to boost expansion in key emerging markets such as Indonesia and Brazil.
vimarsana © 2020. All Rights Reserved.