Remember Lido Learning—the edtech venture that targeted the K-12 segment and offered home-based online tutoring, which eventually shut down after filing for bankruptcy?
Well, its Founder Sahil Sheth is now back again with a new AI-driven healthtech platform that aims to automate existing healthcare processes and offer doctors & clinicians proactive health management and early diagnosis.
So redemption or reinvention? Sahil’s new venture which is operating in stealth mode currently, focuses on leveraging AI to enhance healthcare delivery. This transition from edtech to healthtech is being viewed as catering to the increasing demand for digital healthcare solutions in the country.
However, this news has attracted mixed reviews both from the startup community as well as the ex-employees who worked for Sahil under Lido Learning.
On one hand, the community looks optimistic but has also shown signs of skepticism, especially due to the pending issues from his previous venture.
On the other hand, numerous employees who worked for Lido in the past have raised their voices regarding their unpaid dues and overall remuneration, thus triggering backlash and raising questions about Sahil’s accountability at large.
In conclusion, Sahil’s new endeavor fully depends on his ability to make the best out of his previous mistakes and transparently address past challenges.