Lido Learning provides interactive online tutoring to school (K-12) students. Founder Sahil Sheth previously served as a vice president at Byju’s. The company is based in Mumbai. On March 30 Lido raised $3 million from Paytm president Madhur Deora and Picus Capital. It had earlier raised $3 million in a seed round in November 2019 from angel investors including Ronnie Screwvala, Ananth Narayanan, and Anupam Mittal. The article notes the Indian online-education sector has seen increased usage amid the COVID-19 lockdown, which Lido views as a tailwind for faster adoption. Founder Sahil Sheth said this momentum could enable Lido to become a dominant category creator.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2020