Bengaluru-based edtech startup Teachmint is set to acquire Vadodara-based Teachmore. People aware of the deal requesting anonymity informed Inc42 that both Teachmint and Teachmore are at the final stage of the deal and it will be closed soon.
Teachmore is a course-selling platform which enables teachers to build and sell educational products like online courses, live classes, quizzes and more. It helps teachers create an Android e-learning app without coding, it also allows its customers to accept payments for selling courses from over 130 international currencies through Stripe Connect credit card processing or Paypal. The three-year-old startup claims it doesn’t charge any transaction fees.
The development comes almost two months after Teachmint bagged $78 Mn in a Series B funding round led by new investors Rocketship.vc and Vulcan Capital. During its Series B round, the startup also added Goodwater Capital and Epiq Capital to its captable.