Edtech Unicorn LEAD Group Enhances Leadership Team Through Key Executive Hires

Edtech unicorn LEAD Group has fortified its leadership team by appointing Arvind Singhal as Chief Growth Officer and Arpit Jain as Chief Financial Officer.

 

The strategic move aims to support the company’s mission of delivering high-quality integrated digital learning solutions to over 60,000 schools across India by 2028.

 

As Chief Growth Officer, Arvind Singhal will provide comprehensive direction to develop and implement LEAD’s growth strategy, focusing on expanding its reach to more schools and students throughout India.

 

Singhal brings a wealth of experience, having worked across diverse industries such as D2C, edtech, FMCG, and telecom. His previous roles include stints at prominent companies like Vedantu, BlackBuck, BlueStone, Ola, and Asian Paints.

 

His expertise encompasses sales, marketing, product management, strategy, consumer and business insights, operations, and overall business profit and loss management.

 

On the other hand, Arpit Jain, the new Chief Financial Officer, will lead the finance and legal functions of the group.

 

Before joining LEAD Group, Jain held positions at Marico and ITC, where he played pivotal roles in digital business and mergers and acquisitions.

 

Sumeet Mehta, Co-founder and CEO of LEAD Group, expressed his confidence in the new appointments, stating, “Together, Arvind and Arpit bring decades of valuable experience and a proven track record in financial and operational success, scaling businesses, serving customers, and building high-performance teams.”

 

In their respective roles, Singhal and Jain will provide strategic guidance to accelerate the adoption of digital learning solutions, aligning with LEAD Group’s vision to make affordable and excellent learning accessible to every child.

 

Arvind Singhal emphasized the crucial role of education in India’s journey towards becoming a developed country by 2047.

 

He expressed enthusiasm for driving LEAD and school edtech to new heights in India.

 

LEAD Group, founded in 2012 by Sumeet Mehta and Smita Deorah, is dedicated to transforming school education in India.

 

The company offers an integrated teaching and learning system that claims to have enhanced student learning outcomes and teacher performance in over 9,000 schools nationwide.

 

The company’s financial performance for FY23 indicates a notable 18.5% decline in net loss, amounting to INR 321.9 crore, compared to INR 395.3 crore in FY22.

 

LEAD Group envisions expanding into new geographies through partnerships with additional schools and aims to grow its existing collaborations further.

 

The recent leadership appointments underscore the company’s commitment to achieving its goals and significantly impacting the education landscape in India.