Leverage Edu secures funding to support its expansion into Southeast Asia

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Leverage Edu secures funding to support its expansion into Southeast Asia

Leverage Edu, a global study abroad platform headquartered in Noida, has secured investments from the family offices of Aloke and Suchitra Lohia, who

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Leverage Edu, a global study abroad platform headquartered in Noida, has secured investments from the family offices of Aloke and Suchitra Lohia, who are the largest shareholders in Indorama Ventures PCL, a prominent publicly listed company in Thailand. This investment is intended to support Leverage Edu’s expansion into the Southeast Asia market.

Notably, Leverage Edu recently announced investments totaling Naira 800 million (approximately Rs 8.4 crore) to enhance its services in Nigeria. This announcement was made during the G20 summit in New Delhi.

Suchitra Lohia, the Executive Director of Indorama Ventures, who oversees the Family Office operations based in Bangkok, expressed excitement about this partnership, stating, “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.”

In Thailand, the number of students pursuing education abroad exceeded 40,000 last year, demonstrating a remarkable 30% Compound Annual Growth Rate (CAGR) in outbound international student numbers. The absence of globally renowned universities in Thailand makes foreign education an appealing choice for ambitious students. Leverage Edu aims to facilitate the study abroad aspirations of the next 100,000 Thai students through this partnership.

Akshay Chaturvedi, the founder and CEO of Leverage Edu, Fly. finance, and Fly Homes, shared his perspective, saying, “Problems like the 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 establish an office in Bangkok, where the family has a deep understanding of the Thai ecosystem and can support us.”

Indorama Ventures PCL, a publicly listed company in Thailand, is the world’s largest producer of PET and recycled PET, with leading 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.

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