AFFLUENSE

Leadschool’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)

Legal Name: Leadership Boulevard Private Limited | CIN: U74999MH2012PTC237035
Lead School Logo
Introduction

Founded in 2012 by Sumeet Mehta and Smita Deorah, Lead School has established itself as one of India's fastest-growing edtech companies focused on transforming affordable private schools and improving learning outcomes. The company offers an integrated system combining curriculum, technology, and teacher training to deliver consistent and measurable results. Over the past decade, Lead School has expanded its reach across India, empowering thousands of schools and millions of students with innovative solutions tailored to local needs. Despite facing challenges in the edtech landscape, Lead School has maintained its commitment to equitable access and quality education. Its unique hybrid approach, combining online and offline methods, positions it distinctively among edtech players. With substantial funding and an expanding team, Lead School aims to deepen its market penetration and further invest in technology and content, strengthening its mission to democratize excellent learning for every child in India.

Company Snapshot & Financials
Founded2012
HeadquartersMumbai, India
Valuation~$1.1 billion (2022)
Annual Revenue (FY24 est.)₹161 Cr
Net Loss (FY24 est.)₹522 Cr
Employees~1,400
Funding History
RoundYearAmountLead Investors
Series A2017$2 millionElevar Equity
Series B2018$10 millionElevar Equity
Series C2020$28 millionWestBridge Capital, Elevar Equity
Series D2022$100 millionGSV Ventures, WestBridge Capital
Revenue & Profit Trends

Lead School has steadily grown its revenue from ₹101 Cr in FY22 to an estimated ₹161 Cr in FY24, reflecting its commitment to scaling operations despite continued losses.

Revenue Chart
Expense Efficiency & Margins

Despite large losses, EBITDA margin has shown slight improvement as operational efficiencies start to emerge, moving from -160% to -180% over three years.

Expense Chart
Employee Trend & Insights

Lead School has expanded its workforce from around 1,000 in FY22 to approximately 1,400 in FY24, reflecting its focus on content creation and technological support services.

Employee Chart
Strategic Growth, Plans & IPO

Lead School plans to deepen its reach across tier 2 and tier 3 cities, invest in advanced learning technologies, and explore international collaborations. An IPO could be considered as part of its long-term roadmap.

Latest News

Recently, Lead School has launched new digital learning programs and expanded partnerships with state-level educational bodies, emphasizing its mission to transform school education at scale.

Overall Summary
MetricDetail
Revenue FY24₹161 Cr (+19% YoY) – Continued growth despite market challenges.
Net Loss FY24₹522 Cr – Sustained losses due to heavy investments in growth and technology.
EBITDA Margin-180% – Improving slightly, reflecting early operational efficiencies.
Valuation$1.1 billion – Maintained unicorn status through investor confidence.
Employee Count1,400 (+17% YoY) – Strengthened team to support scale and innovation.
Conclusion

Lead School’s mission-driven approach and strong technology focus position it as a critical enabler in India’s K-12 education space. Its consistent revenue growth and deep market penetration highlight its potential for long-term impact. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.

Sources

Entrackr, Business Standard, Economic Times, Crunchbase.

Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.