What is Lido?
Lido Learning operates as an EdTech platform, providing live online classes designed to enhance student learning experiences. The company focuses on delivering engaging and interactive educational content, aiming to bridge gaps in traditional schooling. Its strategic positioning within the burgeoning Indian EdTech market highlights a commitment to leveraging technology for accessible and effective education.
How much funding has Lido raised?
Lido has raised a total of $24.6M across 4 funding rounds:
Series A
$3M
Series B
$7.5M
Angel/Seed
$4.1M
Unspecified
$10M
Series A (2019): $3M with participation from Ronnie Screwvala
Series B (2020): $7.5M led by BAce Capital and Picus Capital
Angel/Seed (2020): $4.1M supported by Felix Ohswald, S.Chand & Co, VSS Investco, Sanjay Kapoor, and Nidhi Arora
Unspecified (2021): $10M featuring Unilazer Ventures
Key Investors in Lido
Unilazer Ventures
Unilazer Ventures is an investment firm that typically backs companies with high growth potential, likely focusing on strategic sectors within the Indian market.
Picus Capital
Picus Capital is a venture capital firm known for its early-stage investments, often in technology and consumer-focused businesses.
BAce Capital
BAce Capital is an investment entity that supports innovative companies, likely with a focus on disruptive technologies and scalable business models.
What's next for Lido?
With substantial backing, Lido is poised for accelerated growth and market penetration. The recent strategic investment signals confidence from its backers in Lido's business model and its potential to scale. Future initiatives will likely focus on expanding its course offerings, enhancing its technological infrastructure, and reaching a broader student demographic. This capital will be instrumental in solidifying Lido's competitive edge in the dynamic EdTech landscape.
See full Lido company page
