Teachmint

Teachmint has rapidly emerged as a leading education infrastructure provider, transforming how classrooms operate across K-12, higher education, and academic coaching sectors. The company was established by Mihir Gupta, Payoj Jain, Divyansh Bordia, and Anshuman Kumar, initially as a mobile-first SaaS platform enabling teachers to conduct live, interactive classes during the pandemic. As the education landscape shifted post-pandemic, Teachmint pivoted from pure software to a vertically integrated, hardware-led approach—now building and deploying smart classroom kits and AI-powered digital boards in partnership with manufacturers like Zetwerk. 

Core Products and Services

• Teachmint X Digital Board: AI-powered, Google EDLA-certified smart board with EduAI assistant, interactive whiteboard, 4K camera, and real-time classroom analytics.

• Integrated School Platform (ISP): All-in-one school operating system encompassing learning management, digital content sharing, attendance, fee management, and performance analytics.

• Mobile-first Teaching App: Enables live and recorded classes, assignments, assessments, and parent-teacher communication, optimized for low-bandwidth environments.

• Fee & Administration Management: Digital tools for automated fee collection, scheduling, reporting, and staff management.

• International Partnerships: Video-as-a-Service (VaaS) and classroom technology for edtech companies in Asia and Africa, supporting local language and curriculum needs.

Business Model & Revenue Streams

• Subscription Revenue: Majority of revenue from SaaS subscriptions to schools, teachers, and institutions for premium features and advanced analytics; 73% of FY24 operating revenue came from software solutions.

• Hardware Sales: Revenue from sales of digital boards, classroom kits, and other devices, including biometrics and GPS units; hardware contributed the remaining 27% of FY24 revenue.

• Partnerships and Licensing: Custom platform solutions and white-labeled technology for edtech partners and institutional clients.

• Advertising and Content Marketplace: Monetization through targeted ads and commissions on educational content sold by educators (10–15% of potential revenue in the sector).

• Customer Segmentation: Primarily B2B (schools, colleges, coaching centers, edtech companies), with a smaller B2C segment (independent tutors, small coaching centers)

Top Clients & Partnerships

• Key Institutional Clients: Over 1 lakh tutors and thousands of schools across 1,000+ Indian cities; major deployments in government schools via TeachBharat and private schools nationwide.

• Edtech Collaborations: Pandai (Malaysia), Shikho (Bangladesh) for international classroom technology rollouts.

• Technology Partners: aSc Timetables for integrated scheduling; Zetwerk for hardware manufacturing.

• CSR Initiatives: TeachBharat with Noida Power Company Limited to digitize government schools in Greater Noida.

Future Outlook & Strategic Priorities

• Continued rollout of AI-powered classroom hardware and expansion of the Integrated School Platform to new markets (notably Asia-Pacific and Africa).

• Strategic partnerships with edtech firms and government bodies to drive adoption in underserved regions.

• Product innovation, including generative AI tools, personalized learning analytics, and enhanced administration features.

• Heavy reliance on the Indian market (100% revenue as of FY23), making Teachmint vulnerable to local economic and regulatory shifts.