Leverage Edu closes Series-C round

New Delhi Global study abroad platform Leverage Edu has closed its Series C round to focus on doubling revenue in FY24, its Founder and CEO Akshay Chaturvedi has announced. Princeton-based Language Testing conglomerate ETS led the round along with existing investors, Blume Ventures, DSG Consumer Partners, and Kaizenvest PE. According to an Economic Times report, the company has raised around $40 million and the latest valuation stands at about $150 million. “We have had the privilege to partner with long-term investors, who we believe will help us in executing the vision and strategy across this next phase. This funding round and association will enable us to innovate in the space of student education and take it to the next level,” Chaturvedi, Founder and CEO of Leverage Edu & Fly, said.