{
  "id": 12109405,
  "title": "Exclusive: Leverage Edu Eyes ₹500 Cr Pre-IPO Funding, Targets ₹600 Cr Revenue In FY27",
  "url": "https://urgent.news/2026/10/05/exclusive-leverage-edu-eyes-500-cr-pre-ipo-funding-targets-600-cr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T07:53:06.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/exclusive-leverage-edu-eyes-%e2%82%b9500-cr-pre-ipo-funding-targets-%e2%82%b9600-cr-revenue-in-fy27/"
  },
  "original_language": "en",
  "account": "Leverage Edu, a study abroad platform, aims to generate ₹600 Cr in revenue for the fiscal year 2027, marking a significant 60% increase from ₹372 Cr reported in FY26, according to sources cited by Inc42. The startup's management is eager to hit this revenue target before going public. As they prepare for their IPO, Leverage Edu is also seeking a ₹500 Cr pre-IPO funding round to attract a major private equity firm to its investor roster. Talks with global PE firms are underway, and a deal is expected soon, sources revealed. Leverage Edu's CEO, Akshay Chaturvedi, has assured the board that they will list by the end of the next year and is currently seeking investment bankers to finalize the IPO. Unfortunately, the startup declined to comment on Inc42's inquiries at the time of publication.\n\nIn FY26, Leverage Edu achieved EBITDA profitability, recording an EBITDA of ₹9.5 Cr, sources disclosed. The startup has been broadening its global footprint, as Inc42 previously reported that Leverage Edu acquired Brazil's international education firm Mundus Agency in July. The acquisition was confirmed by Leverage Edu, though the financial details were not disclosed. Founded in 2017 by Akshay Chaturvedi, Leverage Edu assists students in applying to overseas universities. In addition to its main app, it provides courses through the Leverage IELTS and Leverage TOEFL platforms. The services, which encompass fintech, accommodation, travel, and career support, account for 25–33% of total revenue. Over 55,000 students were added in FY26, bringing the total user base to more than 1.75 lakh. Leverage Edu has secured approximately $73 Mn in funding from investors like Blume Ventures, DSG Consumer Partners, and Kaizenvest.",
  "summary": "IPO-bound study abroad platform Leverage Edu is targeting ₹600 Cr in revenue in FY27, up over 60% from the ₹372…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}