Teachmint

The deal marks Teachmint’s second tie-up with a Southeast Asian firm after Malaysia’s Pandai, which is backed by Y Combinator.

Also, Ola Electric is looking to set up public chargers via a tie-up with Bharat Petroleum.

Also, Cars24, Razorpay, OfBusiness, Bizongo, and more collectively raised over US$1.2 billion.

Svolt, Ola, The CrownX, and more startups raised funds this week.

Edtech firm Teachmint acquires Teachmore, Pine Labs partners with AU Small Finance Bank, and other news.

Teachmint is eyeing acquisitions in the near future, as well as partnerships with players across the education ecosystem.

Teachmint is also in talks with edtech players in Indonesia and the Philippines for similar partnerships.

In other funding news, AppsForBharat banked US$10 million, Dezerv raised US$7 million, and Kraftinn bagged fresh funds.

Teachmint will use the funds to further develop its technology, fuel its expansion into newer markets, and make new hires. 

The fundraise also marks Tiger Global’s fourth investment in the Indian edtech space after Byju’s, Unacademy, and Vedantu.