Startup Edtechraised an undisclosed amount of growth capital from Vijay Shekhar Sharma (Founder of ), Rohit Kapoor (CEO of – India and South-East Asia), Amanpreet Bajaj (Head of South-East Asia, Airbnb), Lalit Singh (Former COO at Udacity), and Mohit garg (Founder of ), and others.
Launched in 2017, the Delhi-based startup simplifies international admissions for Indian students. According to a statement from the company, it will use the new funds to develop its teams in India and abroad. âThe larger vision is to double the number of employees to more than 600 people on two continents and to launch various products to meet the demands of the students,â the statement added. Recently, Leverage Edu also made a foray into Europe with the launch of its UK office in London.
Akshay Chaturvedi, Founder and CEO of Leverage Edu said:
âI am delighted to officially invite mentors from whom I have personally learned a lot 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.
Akshay Chaturvedi, Founder and CEO, Leverage Edu
Leverage Edu operates a suite of expensive products for students and universities as part of its âStudy Abroadâ journey. These include AI Course Finder, which helps over 100,000 students find college courses and 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 âeducation abroadâ as well as a library of over 1,000 videos.
In addition, the product suite also includes Uniconnect, a virtual admission platform used by more than 220 universities and Leverage Live, an IELTS live 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. LeverageEdu said it attracts over 6 million unique visitors per month.
The 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.