H2- Leverage Edu, a study abroad Edtech platform today, declared that it has boarded the imminent marquee global investors, raising an undisclosed sum of growth capital from them.
Vijay Shekhar Sharma (Founder of PayTM), Rohit Kapoor (CEO of Oyo - India and Southeast Asia), Amanpreet Bajaj (Southeast Asia Head, Airbnb), Lalit Singh (Former COO at Udacity), and Mohit Garg (Founder of Softbank–backed Mind Tickle) are amongst the top marquee investors.
Sprung in 2017, the Delhi-based startup clarifies international admissions for Indian students. According to a publication from the company, it will utilize the fresh funds to expand teams in India and abroad. "The broader vision is to double the employee strength to over 600 people across two continents and to launch various products to cater to student demands," the release further asserted. Recently, Leverage Edu also stepped into Europe with the launch of its UK office in London.
Akshay Chaturvedi, Founder & CEO, Leverage Edu, said, "I am thrilled to formally bring on table mentors whom I have personally learned a lot from over the years. They are the most prominent institution builders. So having them associate with Leverage Edu motivates us to work even harder on our mission to help students win across the world and become truly global citizens."
Leverage Edu manages an expensive product suite for students and universities as a part of its 'Study Abroad' journey. These incorporate AI Course Finder, which assists over 100k students figure out their course and college options. The New Delhi-based company is also financed by an association of investors such as Blume Ventures, Tomorrow Capital, DSG Consumer Partners, Trifecta Capital. It is also backed by notable individual investors like Vishal Gondal of GOQii, Ash Lilani of Samna Capital, Amrish Rao of Pinelabs, Karan Khemka of Parthenon, among others.