July5 , 2022

Indian Study-Abroad Startup Outleap Nears $1 Billion Unicorn Status



Outleap Technologies Pvt., a startup that helps Indians study abroad, raised $75 million at a valuation of almost $1 billion as demand for overseas learning returns following the pandemic.

Owl Ventures led the round, with Steadview Capital and Paramark Ventures as well as existing investors Jungle Ventures and Sequoia Capital India participating, the company, known by its brand name Leap, said Wednesday in a statement. Its valuation has doubled since a September fundraising and is nearing $1 billion, co-founder Vaibhav Singh, 37, said in a video interview.

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