Edtech unicorn LEAD adds two executives to its leadership team; Know about them

LEAD Group, an edtech company focused on school education, has appointed Arpit Jain as the Chief Financial Officer (CFO) and Arvind Singhal as the Chief Growth Officer (CGO) to strengthen its current leadership team.

Who are the two new joiners?

Arpit Jain is a Chartered Accountant by trade. His impressive career spans over 11 years, primarily at the renowned FMCG (Fast-Moving Consumer Goods) company Marico. 

In his most recent role, Arpit Jain assumed the responsibilities of CFO-Digital Business and Head of Mergers and Acquisitions. Before this, he also gained valuable experience at ITC, showcasing his expertise in various facets of the corporate world.

On the other hand, Arvind Singhal boasts a solid educational background with a Bachelor of Technology (BTech) degree from the Indian Institute of Technology (IIT) Bombay. 

Additionally, he is an alumnus of the Indian Institute of Management (IIM) Calcutta. Arvind's professional journey is marked by a diverse range of experiences, including sales, marketing, product management, strategy development, consumer and business insights, and operational excellence. 

CEO Sumeet Mehta's comments

Sumeet Mehta, CEO and co-founder of LEAD Group, said, "In their new roles at LEAD, Arvind and Arpit will provide strategic direction to accelerate the adoption of School Edtech across India, furthering our vision of enabling affordable and excellent learning for every child."

What's next for Lead? 

These appointments coincide with a pivotal phase for LEAD Group. The company is currently mapping out its expansion strategy, with a focus on establishing new school partnerships in different regions, alongside bolstering growth within its existing network of schools.

The group is looking to reach more than 60,000 schools nationwide by 2028.

LEAD has raised over $171 million to date, with a recent $20 million debt round in January 2023 and a $100 million Series E round in 2022 led by WestBridge Capital and GSV Ventures at a $1.1 billion valuation.

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