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Sunday, May 19, 2024

LeverageEdu to invest Rs 8.5 crore in Nigeria’s youth education

During the G20 Summit, edtech platform LeverageEdu said it will invest around Rs 8.5 crore, as part of its strategic growth in Nigeria.

Akshay Chaturvedi, the founder and CEO of LeverageEdu, revealed this sizeable investment to Dr. Bosun Tijani, the minister of communications, innovation, and the digital economy of Nigeria, during their meeting.

Nigeria, a market for study abroad that is expanding quickly, makes up an impressive 9% of LeverageEdu’s worldwide business portfolio. Young leaders from the sector are what helped India win, and I can see the same occurring with Nigeria too, Chaturvedi said, recognizing the potential of Nigerian youth. We at LeverageEdu & Fly are thrilled to expand the possibilities for higher education available to young people in Nigeria.

Akshay Chaturvedi met with representatives of the Nigerian government and the business sector while he was a member of the Indian business delegation at the “Nigeria-India Digital Economy Dialogue.”

LeverageEdu, a worldwide study-abroad platform that was founded in 2017, enables students from India, Nigeria, and other developing countries to access specialized higher education options.

Numerous family offices, ETS Strategic Capital, Shorelight, Blume Ventures, Kaizenvest PE, DSP Mutual Fund, Tomorrow Capital, and a number of other institutions have all lent their support to the firm.

With a monthly enrolment of over 6,000 students, LeverageEdu’s strong platform is serving a sizable number of students, demonstrating its dedication to promoting worldwide educational access and possibilities for young people.

Conclusion:-

LeverageEdu, an edtech platform, has announced plans to invest around Rs 8.5 crore in Nigeria, a growing market for study abroad. Nigeria makes up 9% of LeverageEdu’s worldwide business portfolio. The company, founded in 2017, enables students from India, Nigeria, and other developing countries to access specialized higher education options. The investment was revealed during a meeting with Dr. Bosun Tijani, the minister of communications, innovation, and the digital economy of Nigeria. LeverageEdu, a worldwide study-abroad platform, has received support from various institutions, including family offices, ETS Strategic Capital, Shorelight, Blume Ventures, Kaizenvest PE, DSP Mutual Fund, and Tomorrow Capital. With a monthly enrollment of over 6,000 students, LeverageEdu is dedicated to promoting worldwide educational access and opportunities for young people.

Nitin Gohil Author of Times Applaud
Nitin Gohil

A Mumbai-based tech professional with a passion for writing about his field: through his columns and blogs, he loves exploring and sharing insights on the latest trends, innovations, and challenges in technology, designing and integrating marketing communication strategies, client management, and analytics. His favourite quote is, "Let's dive into the fascinating world of tech together."

Nitin Gohil
A Mumbai-based tech professional with a passion for writing about his field: through his columns and blogs, he loves exploring and sharing insights on the latest trends, innovations, and challenges in technology, designing and integrating marketing communication strategies, client management, and analytics. His favourite quote is, "Let's dive into the fascinating world of tech together."

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