# LeapScholar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leapscholar

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.leapscholar.com
- Total disclosed funding: $218M
- Latest round: Series E (Jan 29, 2025)
- Investors on record: 9

## About

LeapScholar, based in India, facilitates the study abroad journey for students by providing personalized counseling, exam preparation, and comprehensive resources for university applications across multiple countries.LeapScholar was founded in 2019 in Bangalore, India, and specializes in supporting students in their pursuit of higher education abroad. The company has successfully completed 6 deals, with the most recent funding round being Series E, where they raised INR 5627.00 mn led by Apis Partners. The firm is co-founded by Aman Gupta, Arnav Kumar, BV Prasad, Jatan Noatia, Jean Alfred, Riya Jain, Sharad Kumar, Shubham Sharma, and Vikash Kumar, and the current CEO is Donna Jones.LeapScholar offers a comprehensive suite of services designed to facilitate the study abroad journey for students. Their core offerings include personalized counseling, standardized exam preparation for tests like IELTS, GRE, and GMAT, and a robust platform for exploring universities and courses across diverse countries such as the USA, UK, Canada, and Australia. The company simplifies the application process, providing resources for visa guidance, scholarship opportunities, and customized action plans tailored to individual student profiles. The customer base primarily consists of students aspiring to pursue higher education abroad, along with educational institutions seeking partnerships to enhance international enrollment.In the most recent financial year, LeapScholar reported a revenue of INR 3855.4 mn with an EBITDA of INR 1820.4 mn. Their revenue model is structured around multiple streams, including counseling fees, subscription plans for exam preparation services, and partnerships with universities. Students engage with the platform for tailored services, which may include one-on-one consultations and subscription access to preparatory materials, thus generating revenue through direct transactions and educational partnerships.Upcoming initiatives for LeapScholar include expanding their services to the US market and increasing university partnerships. In March 2025, the company secured INR 1000 mn in venture debt funding from HSBC Asset Management, which will be utilized to strengthen their presence in India and support the expansion into the US. This strategic funding will enhance their capabilities in offering services tailored to international students.

## Funding rounds

- Series E, Jan 29, 2025, $65M — Jungle Ventures, Apis Partners, OWL Ventures, Peak XV Partners
- Series D, Jun 22, 2022, $75M — Hong Shan, Jungle Ventures, Steadview Capital Management, OWL Ventures, Paramark Ventures
- Series C, Oct 14, 2021, $55M — Hong Shan, Jungle Ventures, Harvard Management Company, OWL Ventures
- Series B, Feb 23, 2021, $17M — Hong Shan, Jungle Ventures, OWL Ventures
- Series A, Feb 28, 2020, $5.5M — Hong Shan, Vijay Nirman Company Pvt Ltd

## Investors

- Hong Shan — Series A, Series B, Series C, Series D
- Vijay Nirman Company Pvt Ltd — Series A
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series B, Series C, Series D, Series E
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series B, Series C, Series D, Series E
- Harvard Management Company — Series C
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series D
- Paramark Ventures (https://capitalatlas.ai/funds/paramark-ventures) — Series D
- Apis Partners (https://capitalatlas.ai/funds/apis-partners) — Series E
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series E