Foreign education venture Leap raises $55 million

BENGALURU:Leap, which helps students study overseas by helping them with test preparation and loans, has raised $55 million in series-C funding led by Owl Ventures. The round also saw participation from Harvard Management Company, along with returning investors Jungle Ventures and Sequoia Capital India. The round comes less than six months after Leap raised its series-B, which was led by Jungle Ventures, bringing the total capital raised to date to over $75 million.
Leap 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. Leap co-founder Vaibhav Singh said they have seen an unprecedented demand from students to move abroad this year.