Lever­age EdTech gets $1.3 m in Pre-se­ries A

The Economic Times - - Disruption: Startups & Tech -

Lever­age EdTech, which owns and op­er­ates ar­ti­fi­cial in­tel­li­gence-based ed-tech mar­ket­place Lever­age Edu, has raised about $1.3 mil­lion (.`9.2 crore) in its Pre-se­ries A fund­ing round, led by DSG Con­sumer Part­ners and Blume Ven­tures. The startup will use the pro­ceeds to fur­ther in­vest in prod­uct de­vel­op­ment, par­tic­u­larly in K-12 seg­ment, grow­ing its team and ex­pan­sion into tier-2 cities, Lever­age Edu founder Ak­shay Chaturvedi said. “Over the last 12 months, we have grown from a col­lege ad­mis­sions plat­form to a full-stack ca­reer growth com­pany that helps stu­dents with men­tor­ship and as­sess­ments, moves to high school­ers and col­lege go­ers ap­ply­ing to un­der­grad­u­ate and post­grad­u­ate pro­grammes, and goes right up to young pro­fes­sion­als seek­ing high-end ca­reer ad­vice from best-matched ex­perts on our mar­ket­place,” Chaturvedi said. —Our Bureau


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