Singapore-based edtech startup Leap secured $55M in a Series C funding round
Leap, which has headquarters in San Francisco and Bengaluru, helps Indian students find a suitable education abroad and provides them with zero collateral, dollar loans, and total study cost. One of the major study abroad platforms for Indian students, Leap, which manages LeapScholar and LeapFinance, has raised $55 million in funding rounds from a small group of investors. Owl headed the latest funding round. “As countries have reopened the boundaries post-Covid, we’ve witnessed an unprecedented desire from students to move overseas this year. Our community-driven approach, along with a significant product portfolio, to address the needs of all foreign students, sets us apart. No surprise, we’ve witnessed rapid expansion,” said the Co-founder of Leap, Vaibhav Singh. Leap also intends to broaden its product offering by providing credit cards and insurance to international students.