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Informative

LEAD School’s Loss More Than Halves To INR 143 Cr In FY24

Update / Judgement Date

22 Jan 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal Matters

Lead School has halved its losses to INR 143 crore for FY24. The edtech company’s improvement in financial performance is attributed to increased revenue and expansion in its student base. Lead School, which offers a digital platform for K-12 education, has seen growing adoption of its services, particularly in tier-2 and tier-3 cities. The company’s ability to reduce losses indicates it is on a path toward greater financial stability, despite challenges in the competitive edtech sector.