Leap Finance Sets To Raise $100 Mn; Seeks Over $1 Bn Valuation

It has been reported that Leap Finance, a platform that has been in the limelight with its aid to Indian students funding their education abroad, is now in discussions to raise a whopping $70-$100 million.

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This San Francisco-registered company has become a game-changer for Indian students who have been eyeing foreign shores to fulfill their study abroad dreams.

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It provides one-stop services: from education loans to test preparation apps for IELTS, TOEFL, and SAT.

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Now, exactly, it’s a bit over two years since Leap’s last major fundraising round, their Series D, in which they raised $75 million.

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That round was led by Owl Ventures and had participation from big names such as Steadview, Paramark Ventures, Jungle Ventures, and Peak XV.

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Fast forward to today, and it seems Leap is gunning for more: A reported valuation target between $1 to 1.2 billion in this Series E round.

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