Avendus Capital advises Leap on its USD 65 million fundraise led by Apis Partners with participation from existing investors

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

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.

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.

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.

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.

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

We are thrilled to partner with Leap for this transaction. Leap has scaled to become a leading player in the study-abroad landscape globally in a short span by building a full-stack tech platform and productising the entire study abroad value chain from counselling to financing. Leap is one of the few players with multi-destination, multi-product offerings and thereby strong resilience. This transaction demonstrates that investor interest continues to remain strong for EdTech businesses with strong growth and profitability.