K-12 EdTech player LEAD School secures $30 mn in Series D round fundraise

LEAD School, a K-12 EdTech player, has raised $30 million in Series D funding round led by Global VC Fund GSV Ventures along with WestBridge, an existing investor. This is GSV Venture’s first major investment in an India-based EdTech firm.

The latest funding round will be used by the company to accelerate growth by building a pan India brand, rollout of new product offerings, strategic acquisitions and hiring top talent across domains.

The company’s Integrated System for schools has driven 3X growth in 2020 by helping schools deliver uninterrupted learning whether online, hybrid or in physical classrooms. Having reached a landmark milestone of 2,000-plus schools catering to over 800k students, LEAD is well on its way to cater to 25,000 schools in the next five years.