Elearning platform Lido Learning has announced that it has secured $10 million in Unilazer Ventures led funding round.
Sahil Sheth, Founder and CEO of Lido Learning, commented, “We’re going to use this new round of capital to double down on our efforts to connect students all over the world with India’s exceptionally well-qualified and dedicated teaching talent. Lido was the first in the country to recognise the power of learning in small groups, while being enabled by technology, for faster learning and success. We now want to take it to the rest of the world.”
Ronnie Screwvala, Founder – Unilazer Ventures, added, “Lido is the first mover in the small-group, online tuitions space. The company has differentiated itself from the start from all other players that primarily offer self-directed learning or large-group classes. Lido’s strategy of immersive learning and rewarding positive learning outcomes has ensured that it is best-positioned to consolidate the $15 billion neighbourhood tuition market.”
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