India, Dec. 18 -- Lightspeed-backed edtech startup Teachmint's consolidated net loss narrowed 37% to INR 110.1 Cr in the financial year 2023-24 (FY24) from INR 180.7 Cr in the previous year on the back of a robust growth in its topline and decline in expenses.

Operating revenue more than doubled to INR 17.1 Cr during the year ended March 31, 2024 from INR 8.1 Cr a year ago.

Including other income of INR 32.7 Cr, total revenue surged almost 35% to INR 49.8 Cr during the year under review from INR 36.9 Cr in FY23.

Founded in 2020 by Mihir Gupta, Payoj Jain, Divyansh Bordia, and Anshuman Kumar, Teachmint is an online, video-first teaching platform that helps schools digitise their classrooms.

In 2023, the company pivoted to digitising sc...