India Deal Monitor: Lido Learning raises $3m and more updates

Photo: Reuters

In the latest startup funding deals, Mumbai-based online education platform Lido learning has raised $3 million as part of its Series A funding round from a clutch of investors, according to a report by YourStory.

The investors in the round included Ronnie Screwvala (Chairman, Upgrad), Ananth Narayanan (CEO, Medlife), Vikrampati Singhania (MD, JK Tyres), Anupam Mittal (CEO, Shaadi.com), and Arihant Patni (MD, Patni Wealth Advisors), among others.

Founded in April 2019 by Sahil Sheth, Lido Learning offers coaching in mathematics and science to students from classes five to eight through an integrated online platform.

INDIA DEAL MONITOR

DealStreetAsia has also put together a table listing out all prominent venture capital transactions in India from November 9-11, 2019.

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)Sector
Lido learning Mumbai3 millionARonnie Screwvala, Ananth Narayanan, Vikrampati Singhania, Anupam Mittal, Arihant Patni -Ed Tech
All That DipsVadodara -Pre-Series A GVFL Startup Fund-Food Retail
eBikeGOAmritsar300,000-Startup BuddySinger Sukhbir Singh, Rajesh Sawhney, Rohit Chanana, Siddartha Ahluwalia, Milind Garud, Arun Gholap, and Shantanu VinekarTransport
CBREXBangalore1 million---HR Tech
LambdaTestSan Francisco2 millionPre-Series ABlume VenturesLeo CapitalCloud Tech

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.