Ed tech firm Leap has raised $75 million (Rs 585 crore) in Series D funding led by Owl Ventures. The spherical noticed participation from new traders Steadview Capital and Paramark Ventures together with present traders Jungle Ventures and Sequoia Capital India. The startup has now raised over $150 million in fairness since its basis in 2019.
“Having built the underlying infrastructure for global student mobility, we are now able to scale rapidly across multiple dimensions. We have launched many industry-first products and experiences to make the student journey seamless. Ensuring student success has been our mission and we will continue to deepen our existing offerings and launch newer ones in the months ahead,” Arnav Kumar, co-founder, Leap mentioned.
“Over the next couple of years, more than five million students are expected to cross an international border to fulfil their global dreams. With the backing of marquee global investors, we aim to democratize access to quality global education,” Vaibhav Singh, co-founder, Leap mentioned.
Leap is a full-stack worldwide scholar mobility platform. In April, the corporate introduced a partnership with Colorado State University, USA. Earlier this yr, the corporate claims to have expanded its presence into the Middle East, to assist college students within the area of their research overseas pursuits.
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Source: www.financialexpress.com”