Get All Access for $5/mo

Leverage Edu Secures Investment From Lohiya Family Office The company plans utilize the fund to double down on efforts to roll out the offering to more students from emerging economies in the region

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

The global study abroad platform, Leverage has raised an undisclosed amount of funding from the Thailand-based family office of Aloke and Suchitra Lohia. Leverage includes different verticals like Leverage Edu, Fly.finance and Fly Homes.

As per an official release, the deal will enable the startup to expand its footprint in the Southeast Asian market, especially Thailand where it plans to set up an office. Additionally, it will utilise the capital to double down on efforts to roll out the offering to more students from emerging economies in the region.

"Problems like lack of sufficient English language training will be our priority to solve in Thailand as we enter one of Southeast Asia's most promising markets. We are looking to set up an office in Bangkok, where the family has a deep understanding of the Thai ecosystem, and can support us. This investment serves as a testament to the transformative work my colleagues have been doing, and the unique missionary approach with which we are dedicated to putting students first," said Akshay Chaturvedi, founder and CEO, Leverage.

The funding will enable the startup to leverage synergies and deep networks of the Lohia couple, who are the majority shareholders in Indorama Ventures, one of the biggest listed companies in Thailand. Also, the platform's to enable the next 100,000 Thai students to study abroad which is expected to be fueled by this Partnership, it said.

"We are thrilled to be partners on this journey with Leverage Edu, a pioneer in Student Mobility. The family believes in supporting ventures that create positive societal impacts. Leverage Edu's innovative approach resonates deeply with our values, and we are excited to contribute to their mission," said Suchitra Lohia, Executive Director of Indorama Ventures, who spearheads the Family Office operations based out of Bangkok.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.

Business News

Former Steve Jobs Intern Says This Is How He Would Have Approached AI

The former intern is now the CEO of AI and data company DataStax.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.