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Lido Learning Funding: Raises $3m

Lido Learning Funding

Lido Learning Raised 3 Million Dollars in Series A Funding

Lido learning has raised $3 million as part of its Series A funding round. Lido Learning is an EdTech startup that offers the best learning experience, a student needs a rockstar teacher to guide them, interactive content to keep them engaged, and a personalized platform to improve results. Lido combines these three to create high achieving students who study smarter, not harder.

The funding round was led by investors like Ronnie Screwvala who is the  first generation Indian entrepreneur and philanthropist. He has been named on Esquire’s List of the 75 Most Influential People of the 21st Century and ranked 78 among the 100 most influential people in the world on the Time 100.  He is also the founder of Upgrad.

The other investors were Ananth Narayanan who is the co-founder and CEO of Medlife. He was former CEO of Myntra & Jabong. Vikrampati Singhania who is the Managing Director of JK Tyres. Vikrampati Singhania is part of the fourth generation of a family business, JK Organization, one of the biggest industrial houses in India. 

And Anupam Mittal who is the CEO of Shaadi.com; Anupam is a founding member & past chairman of the Internet & Mobile Association of India (IAMAI) and the founding Co-chair of H2 India. Anupam Mittal has been voted by Business Week as one of India’s 50 Most Powerful People and has been on the list of one of the 25 people to watch out for by ‘The Week’ Magazine.

Besides them, Arihant Patni the Managing Director of Patni Wealth Advisors also invested. Arihant is also on the Board of Directors of Nirvana Venture Advisors, a venture capital fund with focus on the internet space in India.

Shishir Gupta, CEO of StartupLanes says:

LIDO completely confirms the standards to its name – The Learning Doorway. It has made the learning process easy and fun for the kids through its innovation. The cutting edge technology introduced by Lido is the game changer of the education sector. Lido is able to successfully engage a child in the learning process, this is the best way to teach.

I am sure that Lido will continue its growth and scale up rapidly. My best wishes to the Lido team.

The description of LIDO at their LinkedIn page is:

LIDO is an ed-tech company revolutionizing formal classroom education through a unique and immersive online classroom for every child in India. With our exciting and fun online classes for students, we are building the Lido experience: cutting edge content like animated videos and interactive games, a personalized platform for homework, tests, challenges, and inspiring teachers.

At the time of writing this article, LIDO has 138 employees listed at LinkedIn. The glassdoor ratings reveal that it is a happy place to work, the employees have positively rated the CEO to 100% and it has the overall good rating of 4.1;

Contact:

LIDO Learning – 2nd Floor , WorkSqaure, Mafatlal Mills Compound, NM Joshi Marg, Lower, Parel, Mumbai, Maharashtra 400013, Mumbai, Maharashtra 400013, IN

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