Third unicorn in 2022
Lead School has raised $100 million from investors GSV Ventures and WestBridge Capital. The financing round makes Lead School the third startup to enter India’s unicorn club in 2022.
Presence in 500 cities
It is also the sixth Indian edtech company to reach unicorn status. “Lead adopts an outcome orientation for schools. Students’ learning outcomes have improved by 20-25% ” Sumeet Mehta, cofounder of Lead School, said. Lead School works with 5,000 schools across 500 cities. It has hit an annual contract value of $80 million in 2021-22.
