April 26, 2021
Funding to be used to accelerate growth initiatives
LEAD School, a K-12 ed-tech firm, has raised $30 million in a Series-D funding round led by VC fund GSV Ventures along with WestBridge, an existing investor.
The company will use the funding to accelerate growth by building a pan-India brand, rollout of new product offerings, strategic acquisitions and hiring top talent across domains.
This follows a Series-C funding of $28 million led by WestBridge and Elevar Equity in August 2020 and the acquisition of student assessment startup QuizNext in December 2020. For the company, the current round is the fourth round of institutional funding since its first investment led by Elevar in 2017, who continues to be a major shareholder.