Teachmint co-founder and CTO Anshuman Kumar quits to pursue new venture
Anshuman Kumar, who served as the CTO of Teachmint for over three years, is now starting a new entrepreneurial venture—a relationship app called Duolop.
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Anshuman Kumar, who served as the CTO of Teachmint for over three years, is now starting a new entrepreneurial venture—a relationship app called Duolop.
Last month I left Teachmint because right now I am looking to build a platform which is more technically aligned with my vision, said Kumar.
Teachmint reported a 24X surge in its net loss to INR 131.70 Cr in FY22 from INR 5.52 Cr in FY21 after a sharp rise in its expenses.
FY22 was the first full year of operations for Teachmint, and the company raised over $110 million (close to Rs 800 crore) during the period. Naturally, it earned revenue from interest on fixed deposits and Interest on income tax refunds of Rs 12.7 crore.
Bengaluru-based edtech startup Teachmint laid off 45 employees, or around 5% of its workforce, last week, sources told Inc42.