Results
Teachmint earned ₹77 lakh operating revenue in FY22
By Startup Enthusiast ·
- Date
- Company
- Teachmint
- What it does
- FY22 results
- Kind
- Results
- Amount
- ₹77.45 lakh
- Based in
- Bengaluru
What they do
Filings showed Teachmint's operating revenue for the year to March 2022 was only about ₹77.45 lakh, roughly $100,000
What happened
It earns by selling education software solutions on a subscription basis to schools and teachers
Why it matters
The company had been valued at about $500 million, a gap that drew attention to inflated edtech valuations
The details
- Teachmint reported ₹77.45 lakh operating revenue in FY22.
- Revenue comes from subscriptions to its software.
- Its last valuation was about $500 million.
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- Teachmint lays off another 70 employees5 May 2023 · Layoffs
- Teachmint co-founder and CTO Anshuman Kumar quits8 April 2023 · People
- Teachmint shifts focus to digitising whole schools4 April 2023 · News