This Week in Deals — March 2021 (Part 2)

LoEstro Advisors
Apr 1 · 4 min read

Between March 14th and March 31st, EdTech companies in India raised almost $500 million, with Byju’s raising about $460 million making it India’s second highest valued start-up (just behind Paytm). We saw companies in Higher Education (Degree/Financing) and Upskilling/Reskilling get funded by global investors.

Who Got a Slice?

  1. Leap (Series B, $17 million): Founded in 2019, Leap offers counselling visa, and education loan services for international students. Leap has an online community that helps students evaluate career options, network with seniors and shortlist the best courses. Jungle Ventures led the round and saw participation from Sequoia Capital India and Owl Ventures.
    Leap seeks to be a one-stop solution for all students who seek to go abroad for their higher education. Right from counselling to financing, Leap is integrating across the whole value chain. We have seen a lot of start-ups in EdTech starting to provide end-to-end solutions, with upGrad being one of the biggest names in the space.

Globally, companies which received funding included (i) Securly (Student Security), (ii) Dawrat (K-12 Online Learning), (iii) Acktec Technologies (Learning Management Systems), (iv) Lalilo (Early Education), (v) Holberton (Higher Education), and Abwaab (K-12).

Let Us Know What You Think?

  1. What do you think about companies integrating across whole value chains and becoming a one-stop solution? How do you think this affects the market?

Watch this space for more on Education, EdTech, and everything in between.

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LoEstro Advisors

Advisory firm with sharp focus on Fundraise, M&A and Strategic Consulting

LoEstro Advisors

We are an advisory firm with sharp focus on Fundraise, M&A and Strategic Consulting. We are insanely client focused and work in select industries to ensure disproportionate value add.

LoEstro Advisors

Written by

Advisory firm with sharp focus on Fundraise, M&A, and Strategic Consulting.

LoEstro Advisors

We are an advisory firm with sharp focus on Fundraise, M&A and Strategic Consulting. We are insanely client focused and work in select industries to ensure disproportionate value add.