Edtech platform Leverage Edu Secures Investment for Market Expansion in Southeast Asia
Leverage Edu, a Noida-based global study abroad platform, has secured investments from the family offices of Aloke and Suchitra Lohia, the largest shareholders in Indorama Ventures PCL, one of Thailand’s major publicly listed companies. This investment aims to support Leverage’s expansion into the Southeast Asia market.
Leverage recently announced investments of Naira 800 million (approximately Rs 8.4 crore) to expand its services in Nigeria, revealed during the G20 summit in New Delhi. “We are thrilled to be partners on this journey with Leverage Edu, a pioneer in Student Mobility. The family believes in supporting ventures that create positive societal impacts. Leverage Edu’s innovative approach resonates deeply with our values, and we are excited to contribute to their mission,” said Suchitra Lohia, Executive Director of Indorama Ventures, who spearheads the Family Office operations based out of Bangkok.
In Thailand, more than 40,000 students pursued education abroad last year, marking a 30% Compound Annual Growth Rate (CAGR) in outbound international student numbers. The absence of globally ranked universities in Thailand makes foreign education an attractive option for ambitious students. Leverage aims to facilitate the study abroad ambitions of the next 100,000 Thai students through this partnership.
Akshay Chaturvedi, founder and CEO of Leverage Edu, Fly. finance and Fly Homes said, “Problems like lack of sufficient English language training will be our priority to solve in Thailand as we enter one of Southeast Asia’s most promising markets. We are looking to set up an office in Bangkok, where the family has a deep understanding of the Thai ecosystem, and can support us.”
Indorama Ventures PCL, listed in Thailand, is the world’s largest producer of PET and recycled PET, with leadership positions in polyester fibers and oxide derivatives. Majority-owned by the Lohia family, the company has expanded globally over the last 35 years, operating in 35 countries with over 26,000 employees.
Leverage recently announced investments of Naira 800 million (approximately Rs 8.4 crore) to expand its services in Nigeria, revealed during the G20 summit in New Delhi. “We are thrilled to be partners on this journey with Leverage Edu, a pioneer in Student Mobility. The family believes in supporting ventures that create positive societal impacts. Leverage Edu’s innovative approach resonates deeply with our values, and we are excited to contribute to their mission,” said Suchitra Lohia, Executive Director of Indorama Ventures, who spearheads the Family Office operations based out of Bangkok.
In Thailand, more than 40,000 students pursued education abroad last year, marking a 30% Compound Annual Growth Rate (CAGR) in outbound international student numbers. The absence of globally ranked universities in Thailand makes foreign education an attractive option for ambitious students. Leverage aims to facilitate the study abroad ambitions of the next 100,000 Thai students through this partnership.
Akshay Chaturvedi, founder and CEO of Leverage Edu, Fly. finance and Fly Homes said, “Problems like lack of sufficient English language training will be our priority to solve in Thailand as we enter one of Southeast Asia’s most promising markets. We are looking to set up an office in Bangkok, where the family has a deep understanding of the Thai ecosystem, and can support us.”
Indorama Ventures PCL, listed in Thailand, is the world’s largest producer of PET and recycled PET, with leadership positions in polyester fibers and oxide derivatives. Majority-owned by the Lohia family, the company has expanded globally over the last 35 years, operating in 35 countries with over 26,000 employees.