G20 Summit: Indian edtech platform LeverageEdu to invest in Nigerian youth

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New Delhi. Edtech platform LeverageEdu on Saturday announced an investment of 800 million Nigerian Naira (about Rs 8.5 crore) on the sidelines of the G20 summit. The platform is expanding its operations in Nigeria.

Akshay Chaturvedi, Founder and CEO of LeverageEdu, met Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation and Digital Economy and announced the investment.

Nigeria is one of the fastest growing study abroad markets in the world and accounts for 9 percent of the total global turnover of leveraged funds.

“Young leaders in the industry helped expand in India, and I can see the same happening with Nigeria. We at LeverageEdu and Fly are excited about making more higher education options accessible to Nigerian youth.”

Chaturvedi meets Nigerian government officials and its entrepreneurial community at the ‘Digital Economy Dialogue’ as part of the Indian business delegation to Nigeria-India
Here. Founded in 2017, LeverageEdu is a global study abroad platform that helps students from India, Nigeria and other emerging countries access the best higher education opportunities globally.

The company is backed by a mix of institutions such as ETS Strategic Capital, Shorelight, Bloom Ventures, Kaizenvest PE, DSP Mutual Fund, Tomorrow Capital, DSG Consumer Partners and family offices.

LeverageEdu said it enrolls more than six thousand students every month.

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