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.
Startup | Headquarter | Investment Size (USD) | Investment Stage | Lead Investor(s) | Other Investor(s) | Sector |
---|---|---|---|---|---|---|
Lido learning | Mumbai | 3 million | A | Ronnie Screwvala, Ananth Narayanan, Vikrampati Singhania, Anupam Mittal, Arihant Patni | - | Ed Tech |
All That Dips | Vadodara | - | Pre-Series A | GVFL Startup Fund | - | Food Retail |
eBikeGO | Amritsar | 300,000 | - | Startup Buddy | Singer Sukhbir Singh, Rajesh Sawhney, Rohit Chanana, Siddartha Ahluwalia, Milind Garud, Arun Gholap, and Shantanu Vinekar | Transport |
CBREX | Bangalore | 1 million | - | - | - | HR Tech |
LambdaTest | San Francisco | 2 million | Pre-Series A | Blume Ventures | Leo Capital | Cloud Tech |