Ronnie Screwvala’s Unilazer leads $10 mn funding round in Lido Learning

Edtech startup Lido Learning has raised $10 million, led by Ronnie Screwvala’s Unilazer Ventures. The small group, online tuitions company has seen rapid growth and is currently on track to reach a $100 million run rate (revenue) by end of the financial year. Lido Learning currently offers tuitions in Maths, Science, and English aligned with the CBSE and ICSE for students from KG to Grade 12.

The company plans to use this new round of capital to fuel its aggressive expansion plans in India as well as abroad. Lido Learning’s first-ever TV advertising campaign will go live during the IPL season, along with the launch of its free user app to give students access to free curriculum-aligned video content for life.