Edtech company LEAD School, which focuses on affordable private schools, has raised $28 million (Rs 210 crore) in a Series C funding round led by Westbridge Capital along with existing investor Elevar Equity. The latest round of funding will be used by the Mumbai-based company to accelerate the development and rollout of new product offerings, increase its school network in Tier 2-3 cities and hire talent across domains.
“We aim to democratize excellent learning by transforming schools in Tier 2-3-4 towns where the majority of India lives,” said LEAD School co-founder and CEO Sumeet Mehta. “Our firm belief is that every