Edtech unicorn LEAD Group has added two executives to its leadership team. Arpit Jain, with an extensive background at FMCG company Marico, joins as Chief Financial Officer (CFO).
Edtech unicorn LEAD Group has added two executives to its leadership team. Arpit Jain, with an extensive background at FMCG company Marico, joins as Chief Financial Officer (CFO). Arvind Singhal, an alumnus of IIT Bombay and IIM Calcutta, takes on the role of Chief Growth Officer (CGO).
Arpit Jain: CFO with FMCG Expertise
Arpit Jain, a Chartered Accountant, brings over 11 years of experience, mainly from Marico. In his previous role, he served as CFO-Digital Business and Head of Mergers and Acquisitions. His career also includes a stint at ITC.
Arvind Singhal: CGO with Diverse Experience
Arvind Singhal, with a BTech degree from IIT Bombay and an MBA from IIM Calcutta, has a diverse professional background. His expertise spans sales, marketing, product management, strategy development, and operational excellence.
LEAD Group’s Expansion Plans
LEAD Group is in a crucial phase of expansion, focusing on new school partnerships in various regions and enhancing growth within its existing school network. The company aims to reach over 60,000 schools across India by 2028.
CEO’s Vision for the New Appointments
Sumeet Mehta, CEO and co-founder of LEAD Group, expressed confidence in the strategic direction Arvind and Arpit would provide to accelerate the adoption of School Edtech across India. The appointments align with LEAD’s vision of enabling affordable and excellent learning for every child.
LEAD’s Funding and Valuation
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, valuing the company at $1.1 billion.