Teachmint, education infrastructure startup, has raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital. This round also saw new investors, Goodwater Capital and Epiq Capital, join the company’s cap table. Existing investors Learn Capital, CM Ventures, Lightspeed India and Better Capital continue to double down in the fifth round raised by the company.
Mihir Gupta, Co-founder & CEO at Teachmint said, “Since inception, we have been laser-focused on addressing the big technology-infrastructure gap that exists in education. Over the past 16 months, we have been humbled by the experience of powering the teaching and learning infrastructure for millions of teachers and students across India. From supporting individual teachers to powering K-12 schools, coaching institutes, colleges, universities and even EdTechs, we are disrupting technology penetration in education at an unprecedented pace. We are thrilled to welcome onboard Rocketship.vc and Vulcan Capital along with Goodwater Capital and Epiq Capital. We are also grateful to have the continuous support of our existing investors as we execute our vision at the global stage.”
Madhu Shalini Iyer, Partner, Rocketship.vc commented, “Teachmint has addressed a latent technology problem in the education sector and are well positioned to scale their offering globally. Strong leadership combined with the passion and conviction to solve this, makes us a strong believer. We are glad to be on this rocket-ship.”
Vivek Subramanian, Partner, Goodwater Capital said, “Teachmint has differentiated itself with a focus on building an integrated classroom toolkit that is mobile-first and video-first. They are already among the fastest growing Ed tech companies and have the potential to make a lasting impact on how education is delivered and consumed globally. We are excited to be a part of this journey.”
In July 2021, Teachmint raised $20 million in a pre-Series B round led by Learn Capital with participation from CM Ventures. Just two months prior, in May 2021, the company raised $16.5 million in Series A funding led by Learn Capital with participation from CM Ventures, Lightspeed and Better Capital.
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