Leap, a global platform enabling students to achieve their international education and career aspirations, has raised $65 million in a Series E funding round through a mix of primary and secondary equity led by Apis Partners (Apis Growth Markets Fund III and Apis Global Growth Fund III).
Existing investors Owl Ventures, Jungle Ventures and Peak XV Partners also participated in the round.
With this round, Leap has now raised over $200 million in funding. Leap last raised $75 million in its Series D round led by Owl Ventures.
Vaibhav Singh, Co-Founder of Leap said, “Students love Leap’s one-stop approach to their international education needs. We have witnessed 5x growth since our series D two years ago. Today, Leap is not only the study abroad platform of choice in India but is fast establishing itself as a global leader with scaling operations in 10+ countries. Building for the world from India is something we are very proud of. This investment from marquee investors further bolsters our ambitions and we are even more committed to our mission of democratizing access to quality global education.”
Arnav Kumar, Co-Founder of Leap, said, “Having built the underlying infrastructure for global student mobility, Leap has now proven scale across multiple dimensions. We have launched many industry-first products and experiences to make the student journey seamless. Ensuring student success is why we exist and the AI revolution we are seeing today will allow us to continue to deepen our existing offerings at a faster pace than ever before.”
Matteo Stefanel, Co-Founder and Managing Partner at Apis Partners said, “We are thrilled to partner with Leap and to support its transformative approach to global education. Leap is using technology to not only help students find and access the right educational opportunities but also equip them with the tools to succeed. As such, we believe Leap’s mission aligns closely with Apis’ commitment to driving financial inclusion.”
Udayan Goyal, Co-Founder and Managing Partner at Apis Partners said, “Embedded finance is a key investment theme for Apis which has the ability to transform lives. We have been very impressed with the rate at which Leap has already scaled since inception, serving thousands of students across 10 countries. This new partnership offers Apis an exciting opportunity to support Leap as it further expands its reach and continues to make a difference to its target demographics.”
Amit Patel, Managing Director, Owl Ventures said, “Having funded close to USD 200 million in student loans and secured partnerships with thousands of universities globally and counting, Leap is the de facto platform that students from around the world are relying on to help make their education study abroad dreams a reality. The pursuit of a global education is one of the biggest decisions students will make in their lifetime, and Leap has emerged as the trusted partner to provide comprehensive help as students navigate this incredibly complicated process.”
Yash Sankrityayan, Managing Partner, SE Asia investments, Jungle Ventures said, “Leap has continued to scale profitably but more importantly, also expand regionally to prove that they are building for a global demand. Jungle Ventures is proud to invest behind the Leap team again and support them to continue to build the most trusted, end-to-end, global education access company.”
Founded in 2019 by Vaibhav Singh and Arnav Kumar, Leap is a study-abroad platform. It runs LeapScholar, LeapFinance, GeeBee and Yocket and provides a full-stack international student mobility platform offering end-to-end services for students pursuing international education and careers.
Centered around the community, Leap offers an array of products to cover an international student’s lifecycle. These include international test prep like IELTS, TOEFL, SAT, etc., admissions and visa counselling as well as financial offerings like international student loans. Leap offers counselling services, visa services, education loans, and other modern financial products and solutions tailored for international students.
Leap claims to serve over 1 million students and partnerships with 1000+ leading educational institutions globally.
