| Founded | 2019 |
|---|---|
| Closed | 2022 |
| Country | India |
| Sector | Edtech |
| Total raised | $38M (Falcon Edge Capital, Times Internet, 2019–2021) |
| Collapse type | Sudden Collapse |
| Founder | Sahil Sheth |
Lido Learning
"The Indian K-12 tutoring startup that raised $30M, grew to 1,200 employees during COVID — and shut operations overnight in March 2022"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Lido Learning was founded in 2019 in Mumbai by Sahil Sheth to provide live online tutoring for K-12 students in India, focused on mathematics and science with small-batch interactive classes taught by trained educators.
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