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Leap raises $ 55 million in Series C round led by Owl Ventures

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Bengaluru: Overseas education company Leap, that runs LeapFinance and LeapScholar has raised $55 million(INR 400 crore) in Series C funding led by Owl Ventures.

The round also saw participation from Harvard Management Company, Inc, along with returning investors Jungle Ventures and Sequoia Capital India. The round comes less than 6 months after Leap raised its Series B which was led by Jungle Ventures, bringing the total equity capital raised by the startup to date, over $75 million.

Leap is building the infrastructure to enable students to pursue international higher education. It runs a million-member strong community of international study aspirants in South Asia and has helped over 60,000 students in their study abroad journey over the last 18 months. Leap’s product suite caters to the end-to-end needs of the community right from international test preparation, professional admissions counseling, student loans, international student bank accounts, foreign currency remittance, and international career guidance

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