Competition
Edtech startup Lido Learning seeks $30 million funding from Temasekedit
ET Tech – Online Web
Edtech startup Lido Learning is in talks to raise $30million in funding from Singapore-based investment fund Temasek Holdings Pte Ltd., said a senior executive, requesting anonymity. If the new round of funding goes through, the company will be valued at $100 million, said the person. Another person in the know also said that Lido Learning was in “serious discussions” to raise $30 million from Temasek. While declining to comment on the fundraise, a spokesperson for Lido Learning said, “The company has seen a month-on-month growth of over 50% for the last 3 months.”