
Total amount raised
$317.4 Millions
Latest funding date

Location
Leap has successfully raised significant funding across multiple rounds, including a notable $65 million in Series E. The platform offers comprehensive resources and guidance for students aspiring to study abroad.
Keep reading to explore the intricacies of Leap's fundraising journey and the investors backing this innovative ed-tech platform.
What Is Leap?
Leap, founded in 2019 by Arnav Kumar and Vaibhav Singh, is an ed-tech company based in Bengaluru, Karnataka, India. The platform specializes in guiding students through the complexities of studying abroad, offering services like university selection, IELTS preparation, financial planning, visa assistance, and SOP reviews.
With a team of 501-1000 employees, Leap provides expert counseling and test preparation for exams such as SAT and IELTS. The company aims to simplify the process for Indian students aspiring to pursue higher education overseas.
Leap's comprehensive resources and personalized coaching have made it a go-to platform for students seeking international education opportunities. The company continues to expand its services to meet the growing demand for study abroad guidance.
How Much Funding Has Leap Raised?
- Series A
- Amount Raised: $5.5M
- Date: March 2020
- Lead Investors: Peak XV Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To build the initial platform and services for students.
- Series B
- Amount Raised: $17M
- Date: March 2021
- Lead Investors: Jungle Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance service offerings.
- Series C
- Amount Raised: $55M
- Date: September 2021
- Lead Investors: Owl Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enter new markets.
- Series D
- Amount Raised: $75M
- Date: June 2022
- Lead Investors: Owl Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand the platform and increase market penetration.
- Series E
- Amount Raised: $65M
- Date: January 2025
- Lead Investors: Apis Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth and expand its services.
- Debt Financing
- Amount Raised: $116M
- Date: March 2025
- Lead Investors: HSBC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand lending portfolio and deepen presence in key markets.
- Secondary Market
- Amount Raised: Not disclosed
- Date: January 2025
- Lead Investors: Not disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
Total Amount Raised: $333.5M
Current Valuation: Not publicly disclosed
Key Investors
- HSBC
- Details: HSBC is a global banking and financial services organization headquartered in London. It provided a $100 million debt facility to Leap Finance under its ASEAN Growth Fund.
- Investment Focus Areas: Banking, financial services, investment.
- Notable Investments: Various global financial services and fintech companies.
- Apis Partners
- Details: Apis Partners is a private equity asset manager specializing in growth equity investments. It led a $65 million Series E funding round for Leap Finance.
- Investment Focus Areas: Financial services, business services, growth markets in Africa and Asia.
- Notable Investments: Various companies in the financial services sector.
- Owl Ventures
- Details: Owl Ventures is a venture capital firm focused on education technology investments. It participated in multiple funding rounds for Leap, including Series C and Series D.
- Investment Focus Areas: Ed-tech, education services, technology.
- Notable Investments: MasterClass, Byju's, Quizlet.
- Jungle Ventures
- Details: Jungle Ventures is a venture capital firm investing in early to growth-stage companies in Southeast Asia and India. It led the Series B funding round for Leap Finance.
- Investment Focus Areas: Technology, consumer internet, enterprise software.
- Notable Investments: Kredivo, Livspace, Moglix.
- Peak XV Partners
- Details: Peak XV Partners, formerly known as Sequoia Capital India, is a venture capital firm investing in technology and internet companies. It led the Series A funding round for Leap Finance.
- Investment Focus Areas: Technology, internet, consumer services.
- Notable Investments: Zomato, OYO, Byju's.
What's Next for Leap?
Leap is poised to capitalize on the growing demand for international education, with plans to expand its services to more U.S. states and deepen its presence in India. The $100 million debt facility from HSBC will enable Leap to form new university partnerships and extend its reach to more students, addressing the increasing costs of overseas education.
Future fundraising opportunities are likely as Leap continues to scale its operations and diversify its student base. The company may attract additional equity and debt funding to support its ambitious growth plans. However, challenges such as managing credit risk, navigating regulatory requirements, and sustaining growth in a competitive market will need to be addressed to ensure long-term success.
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