EdTech startup LEAD School raises $30 million in Series D round

BENGALURU: Edtech startup, LEAD School, on Monday said it has raised $30 million as a part of its Series D funding round led by global venture capital fund GSV Ventures, along with existing investors WestBridge.

This marks GSV Venture’s first investment in the Indian edtech space.

According to the Mumbai-based company, 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.

The eight year-old-startup which began operations by running affordable schools and teaching middle-school students, pivoted to providing technology-enabled LEAD Integrated System to schools in 2017.