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Fintech Platform MPOWER Financing Raises $100 Million in Equity to Support Students Worldwide
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India: Education loan provider MPOWER raises $100m from Tilden Park, others
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MPOWER Financing raises $100 mn funding from Tilden Park Capital Management, others
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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.