Lead

Lead exposure from contaminated cookware can cause severe neurological, cardiovascular, and developmental health risks, warns US regulator.

Commodity Trade: A multi-month trendline breakout is seen in Lead

A trendline breakout in RSI and a bullish crossover in MACD support the bullish view in Lead

Westbridge-backed LEAD’s losses down 19%, revenue more than doubles in FY23

The company’s co-founder and CEO Sumeet Mehta, during an interaction in August, told Moneycontrol that LEAD's revenue has doubled from about Rs 133 crore a year ago

Mission Education: How edtech unicorn LEAD is moving schools away from rote learning

If there is one big reason that made Sumeet Mehta and Smita Deorah start LEAD, it is the belief that India needs to get back its deserved place in the world, and that’s only possible if education gets better

Edtech unicorn LEAD narrows losses, revenue nearly doubles in FY23

LEAD CEO Sumeet Mehta said that the company had to cut jobs over the past year to adjust cash flows, as many schools it catered to suffered from stressed balance sheets post-pandemic.

Commodity Trade: Trendline breakout in price suggests further upside in Lead

Bullish crossover in MACD suggests that the short term trend has turned bullish and is supportive of price of Lead

Chart of the Day: Lead prices to rule firm on weak supply

Strong demand for lead from the global auto sector along with a relatively slow pace of production ramp up, is expected to support lead prices for nearly a decade

School edtech platform LEAD raises Rs 160 crore in debt capital, a day after layoffs

The new funding round was a mix of long-term debt capital from venture debt firms Alteria Capital and Stride Ventures and working capital finance from banks such as Standard Chartered Bank, HDFC Bank, and ICICI BankLEAD plans to use the funding for financing the company's organic and inorganic growth.

School edtech unicorn LEAD undertakes another round of layoffs

The startup had in August let go of about 100 employees after a performance review, which the company said was an annual exercise

 Westbridge-backed LEAD acquires Pearson’s K-12 India business

The acquisition comes days after the school edtech unicorn reported a net loss of Rs 397.1 crore in FY22, which was more than triple of its losses in the previous fiscal

Westbridge-backed LEAD spent Rs 538.7 cr to earn Rs 141.6 cr in FY22 as employee costs widen

During the year, LEAD spent about Rs 258.8 crore on employees, against Rs 99.6 crore in FY21. The company's total expenses also surged to Rs 538.7 crore during the year from Rs 186.6 crore in the previous fiscal.

Budget 2023: Edtechs call for lower GST slab on educational products and services, tax deductions on upskilling courses, among others

At present, educational services and products are in the 18 percent GST slab. The newly formed self-governing industry body, the Indian Edtech Consortium (IEC) weighed in on the demand and said the government should consider shifting educational products and services to a tax slab of 5-12 percent.

No credible competition in school edtech space: LEAD’s Sumeet Mehta

“Revenue growth in FY22 over FY21 was 2.5x, and in FY23 over FY22 could be about 2x. We will aim to double our business in the next year also. In terms of profitability, we are on track,” Mehta told Moneycontrol.

Early-stage funding in Indian ed-tech bucks global trend, jumps 2.5x in 2022

Contenders are scrambling as the ed-tech incumbents are fumbling. But will their performance be any better?

School edtech unicorn LEAD lets go of about 100 employees

The company confirmed that less than 100 employees have been let go after a performance review that LEAD carries out yearly.

Exclusive | WestBridge Capital raises $1.5 billion in largest-ever commitment for Indian companies

Westbridge Capital joins a growing list of PE and venture capital (VC) firms to raise large funds for India-focused companies

Layoffs, restructuring, slowdown: India’s edtech firms are struggling post-pandemic

The slowing demand for technology-based education services, coupled with the much-talked-about funding winter, has had a domino effect on India's thriving edtech companies, forcing them to lay off employees, go slow on expansion, cut down excess spends and explore newer revenue streams. Some edtech companies have even shut operations

He rejected an offer from Unacademy and now runs an edtech worth a billion dollars: Meet PhysicsWallah’s Alakh Pandey

"My students inspire me, that’s what keeps me going," says the PhysicsWallah cofounder who shunned an offer worth millions

Newly minted edtech unicorn LEAD has its task cut out for it

The very factors that have so far worked in its favour could quite easily turn out to be its biggest challenges

Edtech startup LEAD becomes third unicorn this year after raising $100 mn from existing investors

LEAD has also become India's sixth online education unicorn after Byju's, Vedantu, Unacademy, Eruditus and UpGrad.

Lead prices hit fresh lifetime high on MCX on firm demand; outlook remains bullish

The momentum indicator Relative Strength Index is at 58.73 which indicates positive movement in prices.

Hindustan Zinc: Are all positives captured in the price?

Higher dividend payout to support Hindustan Zinc on the downside

LEAD School raises $30 million from GSV Ventures, Westbridge

Investor interest in edtech startups continues, with LEAD School raising two rounds in less than a year.

Hindustan Zinc: Lower cost curve, higher metal prices lend a hand

Higher dividend payout likely to continue, which will support Hindustan Zinc valuation on the downside