# Teachmint Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/teachmint-technologies-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.teachmint.com
- Total disclosed funding: $95M
- Latest round: Series B (Nov 10, 2021)
- Investors on record: 9

## About

Teachmint Technologies Private Limited, based in India, specializes in creating AI-driven classroom solutions to enhance educational experiences, notably through their innovative interactive whiteboard technology.Teachmint Technologies Private Limited was founded in 2020 in Bangalore, India, and focuses on developing digital educational tools. The founders include Divyansh Bordia, Mihir Gupta, Payoj Jain, Ravindra Singh, and Yogesh Verma. The company raised INR 5.6 billion in Series B funding on November 10, 2021, led by Epiq Capital and Goodwater Capital, with participation from Better Capital, Learn Capital, Lightspeed Venture Partners, and others. The total amount raised to date is INR 5.6 billion, valuing the company at INR 41.36 billion.Teachmint X develops AI-powered connected classroom technologies, primarily featuring the Interactive Whiteboard. This product integrates cloud-based capabilities and enhances the teaching experience with functionalities like real-time annotation and multimedia integration. The technology serves varied educational institutions, from K-12 to higher education, including clients in Jammu & Kashmir, Delhi, and Gujarat, aimed at improving classroom engagement and operational efficiency.In the most recent year, Teachmint X reported revenue of INR 1,016,365.10, with an EBITDA of INR -23,875,738.40. The company's revenue model focuses on direct sales of digital boards, including the Teachmint X2 Pro series, and subscription services for their connected classroom app.Following its recent Series B funding, Teachmint plans to utilize the INR 5.6 billion for enhancing its design and technology workforce, and aims to introduce new products, including additional features for its Interactive Whiteboard. The company is focused on expanding into new markets in Southeast Asia and plans to launch these initiatives by the end of 2023. Additionally, it intends to offer significant stock purchase options to its employees, fostering talent retention and engagement.

## Funding rounds

- Series B, Nov 10, 2021, $75M — Lightspeed Venture Partners, Vulcan, Learn Capital, Goodwater Capital, Epiq Capital, Rocketship.vc, Better Capital, CM Ventures
- Series A, May 4, 2021, $17M — Lightspeed Venture Partners, Better Capital, Learn Capital, CM Ventures
- Seed, Nov 6, 2020, $3.5M — Lightspeed Venture Partners, Better Capital, Vistra ITCL

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B
- Better Capital — Seed, Series A, Series B
- Vistra ITCL — Seed
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A, Series B
- CM Ventures — Series A, Series B
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series B
- Epiq Capital (https://capitalatlas.ai/funds/epiq-capital) — Series B
- Rocketship.vc (https://capitalatlas.ai/funds/rocketship-vc) — Series B