Leverage Edu, India’s study abroad platform, has announced that it has onboarded top global investors, raising an undisclosed amount of growth capital from them.
Renowned names in the industry like Vijay Shekhar Sharma (Founder of PayTM), Rohit Kapoor (CEO of Oyo – India & Southeast Asia), Amanpreet Bajaj (Head of Southeast Asia, Airbnb), Lalit Singh ( former COO at Udacity) and Mohit Garg (founder of Mind Tickle, backed by Softbank) are among the top investors.
The new funds raised will be used to develop teams in India and abroad. The larger vision is to double its staff to over 600 people on two continents and launch various products to meet student demands.
Speaking on the latest developments, Akshay Chaturvedi, Founder and CEO, Leverage Edu said, “I am delighted to officially bring to the table some mentors whom I have personally learned a lot from over the years. They are the most important institution builders. Thus, associating them with Leverage Edu motivates us to work even harder on our mission to help students win across the world and become true citizens of the world.
Leverage Edu operates a suite of expensive products for students and universities as part of its “Study Abroad” journey. These include AI Course Finder, which helps over 100,000 students determine their course and college options. Aspirants also have access to a Oneview portal, which gives them a 360-degree perspective on the mentoring process. Leverage TV includes daily programming and webinars focusing on “education abroad” as well as a library of over 1,000 videos.
In addition, the product suite also includes Uniconnect, the world’s largest virtual admission platform used by more than 220 universities and Leverage Live, a live IELTS learning platform used by more than 1,000 applicants. each month. It also has Leverage Beyond, which brings together applicants and admissions for post-admission life and more.
The New Delhi-based company is also backed by a consortium of investors such as Blume Ventures, Tomorrow Capital, DSG Consumer Partners, Trifecta Capital. He is also backed by prominent individual investors like Vishal Gondal of GOQii, Ash Lilani of Samna Capital, Amrish Rao of Pinelabs, Karan Khemka of Parthenon, among others.
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