Ronnie Screwvala-backed edtech startup Lido Learning to file for insolvency
Shortpedia
Content Team
Image Credit: economic times
Beleaguered edtech startup Lido Learning, which has been making headlines for all the wrong reasons since the beginning of 2022, will file for corporate insolvency, regulatory filing accessed by Inc42 showed. In an extraordinary general meeting held on September 5, the startup’s board has given it consent filing for insolvency pursuant to the provisions of Section 10 of the Insolvency and Bankruptcy Code, 2016.
