Paytm founder, Oyo India and SEA CEO invest in edtech startup Leverage Edu

Study abroad platform Leverage Edu has on-boarded global investors, raising an undisclosed 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 MindTickle) are among the top investors.

The fresh funds raised are expected to be utilised to expand teams in India and abroad. The startup plans to double its employee strength to over 600 people across two continents, the company said.


“I am thrilled to formally bring on table mentors who I have personally learned a lot from over the years. Having them associate with Leverage Edu motivates us to work even harder on our mission to help students win across the world,” said Akshay Chaturvedi, founder and CEO, Leverage Edu.

Founded in 2017, the New Delhi-based company is also backed by a consortium of investors such as Blume Ventures, Tomorrow Capital, DSG Consumer Partners, Trifecta Capital. It is also supported by individual investors including Vishal Gondal of GOQii, Ash Lilani of Samna Capital, Amrish Rau of Pine Labs, Karan Khemka of Parthenon, among others.

Also Read: Edtech startup Leverage Edu raises $2 million from Trifecta Capital