What is the story about?
What's Happening?
Leverage Edu, an Indian startup, is helping students navigate visa crackdowns and diplomatic tensions affecting traditional study-abroad routes. The company has doubled its revenue and expanded its global footprint by rerouting students to alternative destinations like Germany and Nigeria. Leverage Edu provides comprehensive support, including admissions, loans, housing, and internships, to students from emerging markets facing visa challenges. The startup is considering an IPO in India as early as next year, reflecting its growth and profitability.
Why It's Important?
Visa restrictions and diplomatic tensions are disrupting international education plans for students worldwide. Leverage Edu's ability to adapt and offer alternative study destinations highlights the importance of flexibility in the education sector. The startup's success in expanding its services and markets demonstrates the potential for growth in the ed-tech industry, particularly in regions with limited access to structured admissions support. The company's potential IPO could attract further investment and attention to the sector, influencing future strategies for education startups.
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