Business Standard

Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help

Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media

(L-R) Lido investor Ronnie Screwvala and Lido founder CEO Sahil Sheth
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(L-R) Lido investor Ronnie Screwvala and Lido founder CEO Sahil Sheth

Peerzada Abrar Bengaluru
Ronnie Screwvala-backed edtech startup Lido Learning has reportedly shut operations. This has led its employees to seek help via social media platforms.

Many employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media.

"My 1st worst experience in the edtech industry. The company closed its business suddenly in the morning, 2 days before salary day without giving any notice to anyone. It is no other than LIDO," Rishabh Kumar, assistant marketing manager at Lido Learning, posted on LinkedIn, according to various media reports. "Everything was going well and

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First Published: Feb 24 2022 | 9:31 AM IST

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