Edtech unicorn LEAD raises debt from Alteria Capital
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Edtech unicorn LEAD (formerly Lead School) has raised Rs 35 crore from venture debt firm Alteria Capital. This is the first debt round of the Mumbai-based company in 2022 which turned unicorn in February this year. LEAD raised a $100 million worth Series E round led by WestBridge Capital and GSV Ventures at a valuation of around $1.1 billion. It was the sixth Indian edtech startup to be valued at over a billion dollars.