Funding · Education & Skilling

Leverage Edu raises Rs 200 crore in Series D

What they do

Leverage Edu helps students apply to universities abroad and offers visa and test prep services

The company raised Rs 200 crore from Aditum Fund and IDFC FIRST Bank at a $300 million valuation

FY26 revenue grew 112% to Rs 375 crore as the firm plans international expansion and an IPO

Leverage Edu is finalising a Rs 200 crore Series D funding round with documentation expected soon.
The raise includes a mix of equity and debt, bringing total cumulative funding to nearly $90 million.
Dubai-based Aditum Fund leads the equity portion while IDFC FIRST Bank provides the debt component.
The company achieved a post-money valuation of $300 million, up from around $140 million previously.
Leverage Edu plans to use funds for international expansion and scaling AI-led counselling products for students.
Founders are eyeing a public issue worth Rs 2,000–3,000 crore following this successful fundraising event.
The company reported strong financial health with EBITDA positivity and positive cash generation in FY26.
This round highlights investor confidence in the overseas education sector despite global economic uncertainties.

The valuation jump reflects rapid growth in demand for cross-border education services among Indian students.
Revenue doubled year-on-year, signaling strong product-market fit for their integrated service model.
The mix of equity and debt allows the company to fund growth without excessive dilution.

Leverage Edu facilitates overseas university admissions across key destinations like the UK, US, Canada, and Australia.
The platform offers comprehensive services including education financing, visa assistance, and standardized test preparation.
It serves a global customer base of over 175,000 users seeking higher education opportunities abroad.
The business generates revenue through fees associated with admissions processing and educational financial products.
AI-led tools help streamline the counselling and admissions process for efficiency and better student outcomes.
Competitors in this space include Leap, Yocket, and upGrad Abroad offering similar student support services.
The company operates primarily in India but targets students aiming for institutions in Western countries.

The company aims to deepen its international expansion efforts using the new capital.
Leverage Edu plans to scale its AI-led counselling and admissions products further.
Founders are targeting an initial public offering (IPO) worth Rs 2,000–3,000 crore.

Aditum Fund (lead) — A Dubai-based investment fund leading the equity portion of the round.
IDFC FIRST Bank (co-lead) — A banking institution providing the debt component of the funding package.