Edtech startup LEAD School raises Rs 210 crore in fresh funding

By IANS | Published: August 21, 2020 11:48 AM2020-08-21T11:48:14+5:302020-08-21T14:56:52+5:30

-3 cities and hire talent across domains. The current Series C round is LEAD School's third round of institutional ...

Edtech startup LEAD School raises Rs 210 crore in fresh funding | Edtech startup LEAD School raises Rs 210 crore in fresh funding

Edtech startup LEAD School raises Rs 210 crore in fresh funding

-3 cities and hire talent across domains.

The current Series C round is LEAD School's third round of institutional funding since 2017. Both the previous rounds were led by Elevar Equity, which remains a major stakeholder.

"LEAD School partners with affordable private schools to transform them into centres of excellent learning through our Integrated System," LEAD School Co-founder and CEO Sumeet Mehta said in a statement.

"The new round of funding will help us bring more innovation and reach more students and schools."

Founders Mehta and Smita Deorah began their LEAD School journey by running affordable schools and teaching middle school students.

Through their hands-on experience, they built the LEAD School Integrated System with a mission to make excellent schools accessible and affordable to every child.

In 2017, the company started offering its Integrated System to schools and has seen rapid adoption with more than 800 schools partnering with LEAD School.

The company said it now serves over three lakh students studying in these affordable private schools.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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