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Deepti Sri · · 1 min read

Indian edtech startup Leverage Edu banks $6.5m in series A round

India-based edtech startup Leverage Edu has raised US$6.5 million in its latest round of funding, according to a statement by the company.

More funding details

  • Lead investor: Tomorrow Capital
  • Returning investors: Blume Ventures and DSG Consumer Partners
  • Stage: Series A

More company updates

  • Funds raised from the financing round will be used for the company’s expansion into newer markets and to develop its focus on teaching methods and student-first tools.
  • Leverage Edu has raised a total of 600 million rupees (US$8.3 million) to date.
  • The edtech company helps students match with the right higher-education option, with access to over 2,500 mentors and global universities.
  • The company claims to have served over 3,000 students amid the pandemic.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.

Editing by Collin Furtado and September Grace Mahino

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Deepti Sri