14/12/2022 11:13 PM | Click to read full article
Edtech unicorn LEAD (formerly Lead School) has raised Rs 35 crore from venture debt firm Alteria Capital. This is the first debt round of the Mumbai-based company in 2022 which turned unicorn in February this year. LEAD raised a $100 million worth Series E round led by WestBridge Capital and GSV Ventures at a valuation of around $1.1 billion. It was the sixth Indian edtech startup to be valued at over a billion dollars.