Boosting the Global Student Mobility Platform with Major Investment
Leap, a leading full-stack international student mobility platform, has secured $65 million in a new funding round, which was led by Apis Growth Markets Fund III and Apis Global Growth Fund III. The investment also saw participation from a range of existing investors, including Owl Ventures, Jungle Ventures, and Peak XV Partners.
The Bengaluru and San Francisco-based company, which operates several educational platforms like LeapScholar, LeapFinance, GeeBee, and Yocket, has become a trusted name for students aspiring to study abroad. With this new influx of capital, Leap now boasts a total of over $200 million in funding since its founding in 2019.
Leap’s Expansive Services and Rapid Growth
Leap offers a comprehensive suite of services aimed at supporting students through their study-abroad journey. This includes assistance with test preparations (IELTS, TOEFL, SAT), as well as admissions and visa counseling. The company also provides financial support options such as international st
Primarily focusing on institutions in top destinations like the US, Canada, UK, and Australia, Leap has garnered the attention of over a million students worldwide. The platform has partnered with more than 1,000 prominent educational institutions to offer a broad range of opportunities. According to co-founder Vaibhav Singh, the company has witnessed a remarkable fivefold growth since its last Series D round two years ago.
“Leap is not only the study-abroad platform of choice in India but is also rapidly establishing itself as a global leader, scaling operations in over 10 countries,” Singh said. The company’s platform has made a significant impact by simplifying the process for students and providing them with access to critical resources needed for their educational pursuits.
Leap’s Growing Global Footprint
Leap’s commitment to helping students navigate the complexities of studying abroad has paid off. While the company has experienced impressive growth in India, it is now working to expand its reach globally. Its operations are rapidly scaling in multiple countries, offering its services to students all over the world.
The platform’s global focus is not only reflected in the geographic expansion of its services, but also in its partnerships with some of the world’s top educational institutions. This positions Leap as a key player in the competitive international education market, catering to the needs of students from diverse backgrounds and helping them achieve their academic goals.
The Rising Demand for International Student Mobility Platforms
Leap is part of a growing trend of companies that are securing large amounts of funding to support international student mobility. According to data from TheKredible, Leap and its competitors, such as Auxilo, Avanse Financial, GryQuest, and others, have collectively raised approximately $500 million over the past two years. The rising demand for education abroad, coupled with the challenges students face in navigating the complex admissions, visa, and financial processes, has contributed to the success of these platforms.
As more students seek opportunities to study abroad, platforms like Leap are increasingly seen as essential resources that not only simplify the process but also offer tailored financial solutions to make international education more accessible.
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