This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • Explore
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Contribute
  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
ETR Resources
  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: Soonicorn Teachmint Makes Second Acquisition With Teachee’s Indian Arm
Aa
EdTechReviewEdTechReview
Aa
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • Voices
  • Tags
  • About
  • Contribute
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > Soonicorn Teachmint Makes Second Acquisition With Teachee’s Indian Arm
News

Soonicorn Teachmint Makes Second Acquisition With Teachee’s Indian Arm

Shalini-pathak
Shalini Pathak Published Dec 21, 2021
Share
5 Min Read
Soonicorn Teachmint Makes Second Acquisition with Teachee's Indian Arm
Soonicorn Teachmint Makes Second Acquisition With Teachee's Indian Arm
SHARE

Teachmint, a leading ed-infra and online teaching platform has acquired the Indian arm of Singaporean edtech Teachee, a course-selling platform that enables teachers to sell educational products like online courses; marking its second buyout this month itself.

AdvertisementWhy this Ad?

AdvertisementWhy this Ad?

With this deal, close to 20 members of Teachee’s India team will become a part of Teachmore by Teachmint, strengthening the company’s course-selling offering and enabling its community of millions of teachers to grow their online presence, according to the company’s statement.

Post the acquisition, Teachee’s India country manager, Aakash Kasaundhan, has joined the company as a Senior Director, and will be leading the platform’s business growth. This acquisition comes at a time when the Teachee platform is being discontinued globally.

Launched in India in October 2020 by Vlight Technology Pte, a Singapore-based firm. Teachee is an innovative and highly secured online live streaming education platform where teachers can teach anywhere using their personal computers or desktops and students can have an immersive live learning experience anytime with their smartphones. The company’s vision is to become the most widely used SaaS platform for educators in the region.

With online education gaming momentum in the country, Teechee is uniquely placed to help educators build a successful practice. The startup’s revolutionary platform lets educators design a fully branded website without having the need of any prior technical background.

Commenting on the acquisition, Co-founder and CEO of Teachmint, Mihir Gupta, said, “We are very happy to welcome the Teachee team to the Teachmint family. This acqui-hire will aid the expansion of our course-selling offering and help deliver even more value and innovation to our teachers. With the aim of scaling our user base from 10 million to 100 million and beyond, we are laser-focused on increasing our team strength and bringing the best talent on board. This acqui-hire gives us a great boost and we are well-positioned to revolutionize the growth and monetisation opportunities for educators and creators.”

The latest acquisition of Teachmint’s comes right after the company acquired Teachmore, a course-selling platform that enables teachers to sell educational products like online courses, live classes, quizzes and more through their apps and websites.

Teachmint, co-founded in May 2020 by Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar – alumni of IIT Bombay and IIT Delhi, focuses on tutor-student interaction, providing mobile-first and video-first teaching platforms to assist teachers in digitizing their classrooms. The platform is used in over 5000 cities and towns across the country and has over 10 lakh teachers on its platform. It is available in over 15 Indian and worldwide languages in addition to English.  

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.

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. Prior to that, the online tutoring platform had raised $20 million (Rs 149.4 crore) in a pre-Series B funding round led by global edtech-focused VC firm Learn Capital in July 2021. To date, the company has raised $118 million, the statement said.

Last month, Teachmint also announced a plan to enable its employees to liquidate their vested ESOPs (employee stock ownership plans) against cash at any point of time over a year.

TAGGED: EdTech Acquisition, EdTech Investors, EdTech Startups/Companies, Indian EdTech, Online Teaching, SaaS, Teachers/Educators, Tools for Teachers/Educators
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
Shalini-pathak
Posted by Shalini Pathak
Follow:
Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
Previous Article Online Coding Startup Masai School Acquires Data Analytics Institute Prepleaf for M Online Coding Startup Masai School Acquires Data Analytics Institute Prepleaf for $1M
Next Article Samsung-backed Edtech Taghive Raises .5m in Series a Funding Samsung-backed EdTech TagHive Raises $2.5M In Series A Funding
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

Latest Post

Cleary-raises-m-in-seed-round
San Francisco-Based HR Management Platform Cleary Raises $4.5M in Seed Round
News Feb 6, 2023
Tribepad-raises-8m
Talent Acquisition Platform Tribepad Raises $14.8M to Develop Its Recruitment Software
News Feb 6, 2023
Virgilhr-raises-m-in-pre-seed-round
HRTech Startup VirgilHR Raises $1.5M in Pre-Seed Round
News Feb 6, 2023
Linkedin-india-launches-campus-knowledge-programme
LinkedIn India Launches Campus Knowledge Programme to Make Students Future-Ready
News Feb 5, 2023
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

You Might Also Like

Cleary-raises-m-in-seed-round
News

San Francisco-Based HR Management Platform Cleary Raises $4.5M in Seed Round

Feb 6, 2023
Tribepad-raises-8m
News

Talent Acquisition Platform Tribepad Raises $14.8M to Develop Its Recruitment Software

Feb 6, 2023
Virgilhr-raises-m-in-pre-seed-round
News

HRTech Startup VirgilHR Raises $1.5M in Pre-Seed Round

Feb 6, 2023
Linkedin-india-launches-campus-knowledge-programme
News

LinkedIn India Launches Campus Knowledge Programme to Make Students Future-Ready

Feb 5, 2023
Abhinay-maths-raises-undisclosed-amount
News

Test Prep Platform Abhinay Maths Raises Undisclosed Amount From Classplus

Feb 4, 2023
Sdui-raises-€25m
News

German EdTech Sdui Raises €25M in Series A Extension Round

Feb 4, 2023
Meadow-raises-m-in-seed-round
News

College Tuition Tracking Platform Meadow Raises $3.5M in Seed Round

Feb 3, 2023
Coverflex-raises-3m-in-series-a-round
News

Portuguese Employee Benefits Platform Coverflex Raises $16.3M in Series A Round

Feb 3, 2023
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product Reviews
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?