March 23

Leverage Edu Raises $22 Million Funding, Plans to Expand in India and Overseas

Global study-abroad platform Leverage Edu said on Monday it has raised $22 million as a part of a fresh round of financing that saw participation from a consortium of funds, family offices and individual angels.

The round values Leverage Edu at roughly $120 million.

Investors participating in the round included Kaizenvest Private Equity, DSP Mutual Fund Group, Artha India Ventures, UAE-based NB Ventures, and 9Unicorns. Existing investors including Blume Ventures, DSG Consumer Partners and Tomorrow Capital, also participated.

Photo courtesy of Alireza Attari.

Source: Economic Times (link opens in a new window)

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