• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Sunday, July 13, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Startups

Edtech Startup Lead school bags $28 million in Series C round

by Reshab Agarwal
August 23, 2020
in Startups
Reading Time: 2 mins read
0
Lead school startup bags $28 million

Image Source: KrAsia

TwitterWhatsappLinkedin

Edtech is a Mumbai-based lead school that aims to create/provide a digital learning experience for students. Over, the past year it has expanded over 800 different schools. At present, using the funding it has raised, it aims to expand its reach more to tier-II cities.

You might also like

Creating Real-Time Visibility into Startup Team Workload and Progress

Trackon: Powering India’s Logistics with Smart Systems

How China’s Auto Industry is Boosting Sales with “Brand-New Used Cars”

Lead school startup bags $28 million
Image Source: KrAsia

The Mumbai based startup received around $8 million in funding from Elevar Equity during Tier A, B funding rounds. According to recent news, Edtech startup lead school bags $28 million in a Series C funding round. WestBridge Capital led the Series C round and previous investors like Elevar also participated.

What Edtech want’s to achieve?

Edtech wants to make a name for itself in the education system of India. They have found a void in the education system that they are looking to fill. Sumeet Mehta, CEO and co-founder of Edtech, said:

“Affordable schools in small towns is where the problem is. In metros, the teachers are doing a great job. But in small towns, the parent aspiration is high, but teacher skill is low, and that’s the sweet spot where we work,”.

Edtech will help schools with at best average teachers, provide better quality education to students. The more schools they signup, and the more sales they make, the better their services will get. Improving their technology and provide better offerings as time progresses is their goal.

Lead school startup bags $28 million
Image Source: Inc42

The company made a lot of progress last year from expanding its business from 150 to 800 schools. In 2020, they believe they will have a similar development due to COVID-19. The CEO of the company said, “Previously, schools were hesitant to adopt technology, but Covid-19 has shown people that the age-old ways are not going to work,”.

The statement shows that schools are slowly understanding the need to adapt to technology, the need to digitise. In addition to the services provided by them, they have also curated great content from learning material for students to teaching resources for teachers.

Seeing the COVID situation and the growth in online schooling, the estimated market of online education will be $1.96 billion by 2021 according to Inc42 plus. Though there is some fierce competition in the space, the pace at which Edtech is growing, it has got the potential to become the market leader.


Also Read: Indian AI-based logistics SaaS startup raises $13 million

Tweet54SendShare15
Previous Post

LEAD School secured $28M in Series C funding round

Next Post

Chinese EV manufacturer Xpeng looks to raise $1.1 billion in U.S. IPO

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Creating Real-Time Visibility into Startup Team Workload and Progress

by Rohan Mathawan
July 11, 2025
0
Creating Real-Time Visibility into Startup Team Workload and Progress

From Chaos to Clarity Here’s the story of a fast-growing edtech startup. At first, everything went smoothly. They had a product, a small team, and clear goals. But...

Read more

Trackon: Powering India’s Logistics with Smart Systems

by Rohan Mathawan
July 7, 2025 - Updated On July 9, 2025
0
Trackon: Powering India’s Logistics with Smart Systems

In an era where speed, transparency, and digital precision define the future of logistics, Trackon is rewriting the playbook on how legacy courier systems can evolve without disruption....

Read more

How China’s Auto Industry is Boosting Sales with “Brand-New Used Cars”

by Samir Gautam
June 25, 2025
0
How China’s Auto Industry is Boosting Sales with “Brand-New Used Cars”

Imagine buying a “used” car that’s never been driven. Sounds odd? That’s exactly what’s happening in a booming grey market driven by China’s auto industry, and it’s quietly...

Read more
Next Post
Chinese EV manufacturer Xpeng

Chinese EV manufacturer Xpeng looks to raise $1.1 billion in U.S. IPO

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?