Lead School receives $30 million from GSV Ventures and WestBridge Capital

Lead School, an ed-tech startup in India’s K-12 education segment, has received $30 million in GSV Ventures led Series D funding round. The round also saw participation from existing investor – Westbridge Capital, an investment firm.

Co-founder – Sumeet Mehta said, “We are impatient to reach out to the 1.5 million schools and 260 million schoolgoing children in India so that we can transform the arc of education in this country.”  

“The proceeds will be used for curriculum and product innovation. Our goal is to continue to reach more schools and students,” Sumeet Mehta told to ET.

LEAD School is promoted by Leadership Boulevard, a growing EdTech company in India. LEAD School claims to partner with over 1,000 schools with an estimated 4 lakh+ students in more than 400 cities, including tier 2 to tier 4 cities, in 20 States.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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