“The UK was the first to start vaccination and had a very successful January intake as a result. Canadian universities have openly called out to their government for helping with vaccines for international students, and there are some early betas in place right now,” said Akshay Chaturvedi, founder, Leverage Edu.
ETtech Morning Dispatch on Feb 19, 2021: NPCI rival worries FinMin, WhatsApp nudges users
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India’s three largest retail banks SBI, HDFC Bank and Bank of Baroda have been planning to form a consortium that would rival the
National Payments Corporation of India (NPCI) for a few months now. The three banks are also a part of the consortium that is
NPCI.
See the problem here?
It’s no surprise the finance ministry isn’t a big fan of the idea, especially given the involvement of two large public sector banks. It has raised concerns about a conflict of interest and is worried the proposed entity could turn into a monopoly and damage flagship NPCI projects such as UPI and RuPay.
Edtech startup Leverage Edu raises Rs 47 crore in Series A funding
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Last Updated: Feb 18, 2021, 06:53 PM IST
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Synopsis
Leverage Edu will use the funding to accelerate expansion into newer markets, bring in more product innovation, and deepen its student-first approach.
Agencies
Leverage Edu helps students select a higher education programme based on mentoring workshops and apply to universities and colleges through its SaaS platform Univalley.com.
College admissions platform Leverage Edu has raised Rs 47 crore in Series A financing, led by early-stage investment firm Tomorrow Capital and participation from existing investors Blume Ventures and DSG Consumer Partners.
As part of the funding round, Tomorrow Capital has invested Rs 26.5 crore while Blume Ventures and DSG Consumer Partners have invested Rs 20.5 crore in two equal tranches, with the first tranche being a few quarters ago.
Each year, millions of students in India rush to get an admission in universities abroad. Often they don’t know which program they should focus on, or the college that is right for their skillset and ambition. Scores of legacy and newfound firms are attempting to offer counselling to these students. But despite India contributing more […]