Teachmint
Indian school ERP and management platform now selling AI smart classroom hardware panels.
On the record
Checkpoint: FY26 financial filings expected, showing whether ERP or hardware drives growth
The call
Teachmint's revenue jump comes from selling classroom hardware, not from schools paying more for its ERP, and Entab still beats it on the compliance depth that keeps schools locked in.
Teachmint makes software that schools use to manage student records and also sells interactive touchscreen panels for classrooms. Most of its money comes from selling those panels, not from software stickiness, which makes it easy for schools to switch to competitors like Entab or just use free tools like Google Classroom and AI chatbots for lesson planning. The company has not raised new money since 2021 and is losing ground to bigger rivals, so the next sign to watch is whether it gets acquired, takes a down-round, or shows that more schools are locking into its software for real rather than just renting hardware.
Why
01
AI pressure: Google Classroom and generic LLMs for lesson/quiz generation. Free AI tools can replicate quiz and lesson features, while Teachmint's own growth now leans on AI-branded hardware, not software lock-in. Could AI do the core job? Yes, likely.
02
Bigger players: Entab (CampusCare). Entab runs 1,200+ schools with deeper compliance and ERP features, undercutting Teachmint's claim to sticky school data. Could a giant copy it? Yes, easily.
03
What protects it. School ERP workflow lock-in and attendance, fee, and communication data schools are slow to migrate away from.
What would change this call
Teachmint raises a new priced round or discloses a down-round valuation. Would show whether the 2021 $500M valuation still holds or investors have marked it down.
FY26 financial filings (due late 2026) show ERP revenue share vs hardware revenue share. Would reveal if lock-in business is compounding or hardware still drives nearly all growth.
Entab or another ERP peer announces a large state/CBSE-level exclusive contract. Would confirm incumbents are winning the compliance-driven school contracts Teachmint needs.
FY26 financial filings (due late 2026) show ERP revenue share vs hardware revenue share. Would reveal if lock-in business is compounding or hardware still drives nearly all growth.
Entab or another ERP peer announces a large state/CBSE-level exclusive contract. Would confirm incumbents are winning the compliance-driven school contracts Teachmint needs.
Key numbers
- FY25 revenue ₹74 crore, up 4.3x YoY
- FY25 net loss ₹46.6 crore, down 57%
- Last priced round $500M valuation, Oct 2021
Named risks
- No priced funding round since Oct 2021 despite five-year gap, raising down-round or acquisition risk.
- Revenue growth concentrated in commodity interactive-panel hardware rather than durable ERP lock-in.
- Losing coaching-institute customers to Classplus and Testpress after 2023 pivot to K-12 and hardware.
- Conflicting financial data between RoC filings (~$9M revenue) and third-party ARR estimates ($47-71M).
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Entab (CampusCare) | contesting | Serves 1,200+ schools, deeper in fee/compliance ERP modules, per Sep 2025 comparison |
| Classplus | gaining on | Reported ₹265 crore FY24 revenue vs Teachmint's ₹74 crore FY25, per Jun 2026 blog |
| Testpress / MyClassCampus | gaining on | Actively marketing to former Teachmint coaching-institute customers as of Jun 2026 |
| Google Classroom | contesting | Free classroom alternative cited alongside Teachmint in 2026 comparison round-ups |
| Fedena / Vidyalaya ERP | contesting | Stronger on international curricula and regulatory/financial integration per vendor comparisons |
Questions people ask
- Is Teachmint profitable in 2025?
- No. Teachmint posted a net loss of ₹46.6 crore in FY25, though that was down 57% from FY24's loss, according to an Entrackr report published October 11, 2025 based on regulatory filings.
- What is Teachmint's actual revenue?
- Per FY25 regulatory filings reported by Entrackr on October 11, 2025, Teachmint's operating revenue was ₹74 crore (about $9M), up 4.3x year over year, driven almost entirely by AI-branded interactive panel hardware sales.
- Has Teachmint raised new funding recently?
- No priced round has been reported since its $78M Series B in October 2021, which valued the company at $500M. As of May 2026, cumulative funding stood at roughly $118-124M across six rounds, per Inc42.
- Is Teachmint laying off employees?
- It cut about 45 roles in November 2022 and 70+ more in May 2023. Headcount then fell to 647 by Q4 2024 before recovering to 751 by 2025, a 14.8% rebuild, per Revelio Labs data from June 2026.
- Who is Teachmint's biggest competitor?
- Entab (CampusCare) is the leading incumbent, serving 1,200+ schools as of September 2025 and considered deeper in fee, admin and compliance modules than Teachmint, per independent Indian edtech comparison reviews.
- Could AI replace Teachmint's products?
- Teachmint has instead leaned into AI: its Teachmint X2 panel (launched March 2025) uses an onboard NPU and Google EDLA certification, and the company credits AI-driven hardware for its 4.3x FY25 revenue jump reported October 2025.
Timeline
- 2025-12-16Launched Vision X, a LAN-only classroom connectivity dashboard for admins
- 2025-10-11FY25 revenue reported at ₹74 crore, up 4.3x YoY, loss down 57% to ₹46.6 crore
- 2025-03-24Launched Teachmint X2 AI-powered smart panel with Google EDLA certification
- 2024-12-18FY24 net loss reported at ₹110.1 crore, down 37% from FY23
- 2024-11-20FY24 revenue reported at ₹17.1 crore, up from ₹8.15 crore in FY23
- 2023-05-05Laid off 70+ employees, second layoff round in six months
- 2022-11-30Laid off approximately 45 employees amid edtech funding winter
- 2022-01Acquired MyClassCampus, Teachmore, Teachee's India team and Airlearn
- 2021-10-25Raised $78M Series B led by Rocketship.vc and Vulcan Capital at $500M valuation
- 2020-10Raised $3.5M seed round led by Lightspeed India
Revision history
22 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- Teachmint's revenue jumps 4.3X in FY25 (2025-10-11)
- Teachmint revenue grows 2X in FY24, losses down to Rs 82 Cr (2024-11-20)
- Teachmint Cuts FY24 Loss To INR 110 Cr, Revenue Soars 111% (2024-12-18)
- Indian edtech Teachmint valued at $500 million in $78 million funding (2021-10-25)
- Teachmint Funding 2026, Total Funding, Rounds & Investors (2026-05-28)
- Lightspeed-backed Teachmint becomes latest edtech startup to lay off employees (2022-11-30)
- Edtech startup Teachmint sacks 70 more employees in second round of layoffs in six months (2023-05-05)
- Teachmint Number of Employees 2026 (2026-06-29)
- Teachmint Launches X2 | AI-Powered Smart Panel with Google EDLA (2025-03-24)
- Products, Competitors, Financials, Employees, Headquarters Locations (2025-12-16)
- Teachmint - Overview, News & Similar companies (2026-07-01)
- 10 Best School Management Systems for Indian Schools in 2025 (2025-09-08)