M&A
Edtech startup Teachmint acquires course-selling platform Teachmore
Teachmint, an education infrastructure startup, has acquired fellow Bengaluru-based Teachmore, a course-selling platform which enables teachers to sell educational products like online courses, live classes, quizzes and more through their own apps and websites. The cash-and-stock deal marks Teachmint's first acquisition in 18 months since inception. Founded in 2017 by Harshal Bhakta and Deep Shah, Teachmore is a platform for teachers and educational content creators. Post deal, its products will continue to operate independently while also integrating on the Teachmint platform.
From the Venture Intelligence PE-VC Deal Database: Between Oct-20 and Oct-21, Teachmint raised $118.3 M from CM Ventures, Goodwater Capital, Learn Capital, Epiq Capital, rocketship.vc, Vulcan Capital, Lightspeed Ventures, Moneta Ventures, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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