LEAD Group to seek PE funding after hitting profitability milestone

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Currently, parents spend between Rs18,000 and Rs20,000 per student each year on K-12 education, contributing to a total expenditure of approximately Rs2.15 trillion.

After the pandemic, many ed-tech valuations fell as businesses adjusted back to normal,” he said.“Unfortunately, this has caused some investors to generalise and hesitate to invest in the sector until the memory of those losses fades.

The lesson plans and content are of higher quality, making it much more effective,” he said, adding that the company’s approach enhances both teacher and school performance, ultimately leading to improved student learning.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Unicorn Sumeet Mehta Byju's CEO Ed-tech LEAD group Educational platform

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 12:53:11 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 609 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23259654

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