Sumeet Mehta

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

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.

School edtech unicorn LEAD promotes senior leadership

The edtech unicorn in a statement said Gurani, in his new role, will also drive customer success and revenue generation at LEAD. Similarly, in his expanded mandate, Naik will lead supply chain and procurement excellence, in addition to leading financial operations at the firm.

Schools are our karmabhoomi, tuitions are band aids: LEAD founders Sumeet Mehta & Smita Deorah

On this episode of Bits to Billions: The Unicorn Story, Moneycontrol's Chandra R Srikanth catches up with edtech unicorn LEAD’s founders Sumeet Mehta and Smita Deorah. LEAD helps school classrooms use online learning tools and works with thousands of affordable private schools in Tier 2 and 3 cities, providing tech-based solutions to schools and teachers to improve learning outcomes for children. LEAD recently raised $100 million at a valuation of $1.1 billion, catapulting it to the coveted unicorn status

School-based startups defying larger edtech trends; opportunity to double down on growth: LEAD co-founder Sumeet Mehta

Mehta said targeting schools is the best way to improve the learning outcomes of children. The company plans to stay away from tuition and test prep.

Zee Learns aims to double topline ahead

The educational arm of Essel group, Zee Learn reported a loss of Rs 1.48 lakh in the quarter-ended March 2011.