New Delhi: LEAD School, a major K-12 EdTech player, that transforms affordable private schools via its Integrated System, has raised US $30 million in Series D funding round led by Global VC Fund GSV Ventures along with WestBridge, an existing investor. This is GSV Venture’s first major investment in an India-based EdTech firm. The latest funding round will be used by the company to accelerate growth by building a pan India brand, rollout of new product offerings, strategic acquisitions and hiring top talent across domains.
The company’s unique Integrated System for schools has driven 3X growth in 2020 by helping schools deliver uninterrupted learning whether online, hybrid or in physical classrooms. Having reached a landmark milestone of 2000+ schools catering to over 800k students, LEAD is well on its way to cater to 25,000 schools in the next five years. This is in line with its mission of making excellent education accessible and affordable to every child in the coun
K-12 EdTech player LEAD School secures $30 mn in Series D round fundraise
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Lead School gets $30 mn funding from GSV Ventures, WestBridge
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LEAD School raises $30 million
Updated:
Updated:
April 26, 2021 13:23 IST
The current round is the fourth round of institutional funding for the firm since its first investment led by Elevar in 2017.
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The current round is the fourth round of institutional funding for the firm since its first investment led by Elevar in 2017. LEAD School, a K-12 EdTech player, has raised $30 million in Series D funding round led by Global VC Fund GSV Ventures along with WestBridge, an existing investor, the firm said on April 26.
The latest funding round will be used by the firm to accelerate growth by building a pan India brand, rollout of new product offerings, strategic acquisitions and hiring top talent across domains, it said.
LEAD School secures USD30 million in Series D round fundraise
Mumbai, Apr 26 (UNI) EdTech major LEAD School has raised USD 30 million in Series D funding round led by Global VC Fund GSV Ventures along with WestBridge, an existing investor.
This is GSV Venture s first major investment in an India-based EdTech firm. The latest funding round will be used by the company to accelerate growth by building a pan India brand, rollout of new product offerings, strategic acquisitions and hiring top talent across domains.
The company s unique Integrated System for schools has driven 3X growth in 2020 by helping schools deliver uninterrupted learning whether online, hybrid or in physical classrooms. Having reached a landmark milestone of 2000+ schools catering to over 800k students, LEAD is well on its way to cater to 25,000 schools in the next five years. This is in line with its mission of making excellent education accessible and affordable to every child in the country.