LIDO is an education technology company that is revolutionizing education in formal classrooms through a unique and immersive online classroom for every child in India. Through exciting and fun online courses for students, they are building the Lido experience: cutting-edge content like animated videos and interactive games, a personalized platform for assignments, tests, challenges, and inspiring teachers. Founder Sahil Sheth Founded April 2019 Headquarters Mumbai Industry Online EducationBasic IntroductionThe real-time online courses provided by "Lido Learning" can accommodate up to 6 students to ensure that each student can get enough guidance and can participate in the classroom discussion. The teachers of "Lido Learning" are also experts from various fields, thus ensuring the quality of the learning content. Each class of "Lido Learning" has a corresponding video library, exercise question bank, learning outline, etc., so that students can study at their own pace at any time. Target GroupThe target group of the "Lido Learning" online platform is students in grades 5-9, providing them with a one-year tutoring course, including online courses in mathematics, natural sciences, etc., in addition to interactive learning content such as animated videos and interactive games. "Lido Learning" stated that based on the performance in class, students will receive different homework, tutoring help and learning task challenges to break through themselves. Business ModelThe business model of "Lido Learning" is to create an online interactive classroom for students and provide students with excellent teachers and efficient classes. Package FeeFinancingIn November 2019, Indian education technology startup Lido Learning received US$3 million in Series A financing from multiple individual investors, led by Ronnie Screwvala, Ananth Narayanan, Vikrampati Singhania and other investors. In March 2020, the education technology startup "Lido Learning" received $3 million in Series B funding. The investors in this round of financing were Paytm President Madhur Deora and Picus Capital. In April 2020, it announced the completion of a US$7.5 million Series B financing round. After this round of financing, the cumulative financing scale reached US$10.5 million. This round of financing was led by BAceCapital backed by Ant Financial, and new investors including Picus Capital and Paytm President Madhur Deora, as well as some existing investors of Lido, also participated in this round of financing. References
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