LEAD announces plans to foray into the low-fee school segment in India
Edtech company LEAD plans to expand into the low-fee school segment in India, aiming to serve over 1 lakh schools by 2028, according to a press statement.
LEAD, an Edtech company has announcd plans to foray into the low-fee school segment in India.
With a mission to serve 25 million+ students and 60k+ schools by 2028, the Edtech company will serve all segments of schools, ranging from low-fee schools in Tier 3 - 4 towns and villages, to medium-fee and premier schools in its metros and large cities, reads a press statement issued by LEAD Edtech.
Sumeet Mehta, Co-founder and CEO, LEAD, said, "Survey after survey has said that Indian schools are mostly low-fee schools who can't afford expensive, innovative solutions. So, we've got to design solutions for the low-fee schools so that every child can access an excellent education. With this latest innovation, LEAD now has a solution that will serve the needs of over 1 lakh schools in India.”
Comprising more than 100,000 institutions, India’s low-fee school segment is concentrated in its small towns and villages, and represents a key opportunity to shape its future educational outcomes, the release said.