LEAD Group to seek PE funding after hitting profitability milestone
Business Standard|November 01, 2024
Edtech unicorn LEAD Group is optimistic about achieving positive Ebitda (earnings before interest, tax, depreciation, and amortization) by the end of the current financial year (FY25) in March as spending on education rises, its co-founder and CEO Sumeet Mehta said.
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LEAD Group to seek PE funding after hitting profitability milestone

Mehta indicated that the company might seek additional funding once it establishes a consistent profit record.

"We are continuously enhancing our profitability, targeting an Ebitda margin of 25 per cent as we stabilise," Mehta told Business Standard in an interview.

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