Leverage Edu secures growth capital from global investors

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The study abroad platform Leverage Edu has brought global investors on board and raised an unknown amount of growth capital from them, the company told ET.

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 Mind Tickle) are among them the top investors.

The newly raised funds are to be used to expand teams in India and abroad. The startup plans to double its workforce to over 600 on two continents, the company announced.

“I am delighted to officially bring mentors to the table, from whom I have personally learned a lot over the years. Working with Leverage Edu motivates us to work even harder on our mission to help students attract around the world, ”said Akshay Chaturvedi, Founder and CEO of Leverage Edu.

The company, which was founded in New Delhi in 2017, is also supported by a consortium of investors such as Blume Ventures, Tomorrow Capital, DSG Consumer Partners and Trifecta Capital. It is also backed by individual investors including Vishal Gondal from GOQii, Ash Lilani from Samna Capital, Amrish Rau from Pinelabs, Karan Khemka from Parthenon.

Also read:
Edtech startup Leverage Edu receives $ 2 million from Trifecta Capital

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