Latest News | Edtech Firm Leverage Edu Unveils Rs 50 Cr Investment Plan to Expand Offline Presence
Get latest articles and stories on Latest News at LatestLY. Edtech firm Leverage Edu on Wednesday announced its expansion blueprint with an investment of Rs 50 crore and said that it will open 20 new experience centres across the country by the end of this year.
New Delhi, Mar 19 (PTI) Edtech firm Leverage Edu on Wednesday announced its expansion blueprint with an investment of Rs 50 crore and said that it will open 20 new experience centres across the country by the end of this year.
It currently has 10 experience centres.
This will strengthen its on-ground support and enhance accessibility for students and professionals pursuing global education and career opportunities, the company said in a statement.
Leverage has been pivoting these retail-like experience centres for the last six months, and achieving the desired unit economics model has encouraged it to accelerate ahead, it said.
"Our experience centres are designed to be more retail-like, approachable to the GenZ students & their families, mostly in public hotspots. They house experienced Consultants who offer initial counselling, run assessments, and there onward help the applicant continue rest of the process on the mobile app as everyone else," said Akshay Chaturvedi, Founder & CEO of Leverage.
New-Delhi-based Leverage is an AI-enabled marketplace that helps students with higher education and career guidance. It has offices in Delhi, Bangalore, and Mumbai.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)