@leadschoolindia recently raised $100 M, doubling its valuation in just 9 months 💹
Starting with a single school in Areri village, #LEADschool has grown to partner with 5000+ schools across 500 cities!🤯
2/ Business model ⏬
It is a #SaaS platform powering K-12 (kindergarten-12th grade) institutions with digital resources, books & curriculums
It charges schools a fixed fee per student per year
LEAD partnered schools have seen 20-25% progress in the students learning outcomes
3/ Growth 💹
▶️2X jump in operating revenue from 28.6 cr to Rs 57.1 crore for the FY21.
▶️Witnessed a 3X #growth in the number of schools and students it serves.
▶️Hit an Annual Contract Value(ACV) of $80 million in 2021-22.
▶️100% net retention 💯🎯
4/ Reasons behind their growth?⏬
📌Being a core differentiator
✅Replaced the pure textbook-based 'listen and repeat' system with multimodal learning.
At a #LEADschool, every classroom has a TV for students to learn by seeing, doing, and listening.
5/ ✅Replaced twice a year assessments that labeled children as 'good' or 'bad;
with frequent assessments throughout the year.
They also reteach certain topics if not understood well.
✅Integrated general awareness and strong values into curriculum development at all levels.
6/ ✅Replaced subject level marks with the learning outcome.
It collects over 2400 unique data points for every child in a year. By using the data and technology, #LEADschool is able to personalize learning for every child.
7/ 📌Creating a central curriculum team
Upon realizing that there was a big gap in teachers' qualifications and their teaching skills.
#LEADschool designed a centralized curriculum and training for teachers. Over time they saw a huge improvement in the teaching methods.
8/ 📌Adding core technology
Created an app for teachers that included:
✅Attendance
✅Curriculum management system
✅Micro-training videos
✅Students' insights, resulting in an enriching PTM discussion
Also created an app for parents to help monitor their child's progress.
9/ 📌Transitioning to virtual school in 4 days
Within 4 days, the parent app was converted into a student app
Teachers conducted live classes using the app. Homework, quizzes, and assessments were submitted via its app.
Post reopening they are using a hybrid system!
10/ 📌Social media marketing strategies:
📢Paid advertisements
It advertises on Facebook and LinkedIn targeting two different TG
Facebook ads- B2C for parents to enroll their children in LEAD partnered schools
LinkedIn ads- B2B for Principals and teachers to partner with LEAD
11/ 📢Influencer marketing
The brand partners with sports influencers like Sunil Gavaskar & Saina Nehwal for Masterclasses on various topics from Public speaking to Personality development.
They run multiple contests promoting the National holidays of India.
For example, they ran a #LEADwithGood contest for Dusshera and #LEADwithFreedom for Republic day.
15/ Next plans💡
✅Innovate on product and curriculum.
✅Scale its ARR to $1 billion.
✅Cater to 25,000 schools and 25 million students by 2026.
16/ Recap 🔁
🎯Identified the gap in current EdTech platforms & stood out as a differentiator
🎯Integrated core technology to improve services for students & teachers
🎯Quickly adapted to the virtual ecosystem
🎯Optimized social media strategies to reach its target audience
1/ Founded by ex-Flipkart executives Sujeet Kumar (@Sujeet_fk), Amod Malviya (@amodm) & Vaibhav Gupta in 2016.
#Udaan is a B2B platform that connects manufacturers & wholesalers with the retailer.
2/ Growth Stats
✅6X revenue growth of Rs 5,919 Cr in FY21.
✅Became a Unicorn in 2018.
✅3M+ registered users, 30K+ sellers across 900+ cities.
✅1.7M+ retailers, doing 4.5M+ transactions per month.
✅Introduced a new grocery app named Pickily.
1 thing that is common b/w the largest ed-tech #startup, a meat delivery app, a SM platform for regional languages, @ home delivery service & a B2B management platform other than them being a Unicorn is that they grew by solving user’s major pain point!
#HealthKart is a health & fitness store, that
☑️Offers nutritional products (Vitamins, protein powders, supplements, etc).
☑️Online services to help consumers achieve their fitness goals.
2/ Growth Stats💹
☑️Monthly delivers 80K+ products to 500+ cities.
☑️10M+ customers.
☑️110+ retail stores & 1000+ Employees.
☑️200+ brands & authorized vendors are listed on the website.