Leverage Edu appoints Karan Khemka to advisory board
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Khemka, a former partner at education consulting firm EY Parthenon, had invested in the company earlier this year, leading an angel consortium of five partners of LEK Consulting.
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As part of the advisory board, he will provide guidance to Akshay Chaturvedi, the founder, and the rest of the board.
University admission platform Leverage Edu has appointed Karan Khemka as an independent member on its advisory board.
Khemka, a former partner at education consulting firm EY Parthenon, had invested in the company earlier this year, leading an angel consortium of five partners of LEK Consulting.
Edtech startup Leverage Edu raises Rs 47 crore in Series A funding
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Last Updated: Feb 18, 2021, 06:53 PM IST
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Leverage Edu will use the funding to accelerate expansion into newer markets, bring in more product innovation, and deepen its student-first approach.
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Leverage Edu helps students select a higher education programme based on mentoring workshops and apply to universities and colleges through its SaaS platform Univalley.com.
College admissions platform Leverage Edu has raised Rs 47 crore in Series A financing, led by early-stage investment firm Tomorrow Capital and participation from existing investors Blume Ventures and DSG Consumer Partners.
As part of the funding round, Tomorrow Capital has invested Rs 26.5 crore while Blume Ventures and DSG Consumer Partners have invested Rs 20.5 crore in two equal tranches, with the first tranche being a few quarters ago.