LEAD School has raised $30 Mn as a part of its Series D funding round led by global venture capital fund GSV Ventures, along with existing investors WestBridge.The new funds will be used to build a pan-India brand, and rollout of new products, as the startup looks to make strategic acquisitions and hire top talent across domains.
LEAD School works with more than 2,000 schools in Tier 2 and 3 cities and beyond to make classroom learning technology-enabled. This involves tracking teacher and student progress, managing school operations on the cloud and providing digital resources to make learning more engaging.
“We are impatient to reach out to the 1.5 Mn schools and 260 million school going children in India so that we can transform the arc of education in this country. Globally, GSV is known as a specialised EdTech fund that backs innovation oriented education companies. We hope to benefit from their deep insights and leverage their network to bring more innovation to our students in India," said Sumeet Mehta, co-founder and chief executive officer, LEAD School.