Company Research Report: Leap Scholar

Company Overview

• Name: Leap Scholar

• Mission: To empower and support Indian students in their pursuit of global education opportunities by offering end-to-end services for studying abroad.

• Founded By: Vaibhav Singh and Arnav Kumar

• Key People:

• Vaibhav Singh, Co-founder (CFA, IIT Kharagpur, Columbia University New York)

• Arnav Kumar, Co-founder (IIT Kharagpur, Ex-Venture Capital investor at SAIF Partners)

• Headquarters:

• HQ: 163/A, 9th Main Rd, Sector 6, HSR Layout, Bengaluru, Karnataka 560102, India

• Branch Office: No 144, 3rd floor, Shubharam Complex, Mahatma Gandhi Rd, Bengaluru, Karnataka 560001, India

• International Offices:

• Singapore: 11 Collyer Quay #17-00 The Arcade, 049317, Singapore

• UAE: Office 1106, Arenco Tower, Sheikh Zayed Road, Media City Dubai - 3087, UAE

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Providing comprehensive support and innovative tools to assist Indian students in studying abroad, including IELTS preparation, financial planning, SOP review, and VISA assistance.

Products

LeapScholar

• Description: An ed-tech platform that offers resources and guidance for students aiming to study abroad.

• Key Features:

• IELTS Prep: Provides coaching and practice tools for IELTS exam preparation.

• Counselling Services: Expert advice on university selection, applications, and financial planning.

• Study Abroad App: A mobile application to connect students with counselors and track progress.

• Financial Assistance: Offers financial planning and solutions like LeapFinance for managing education expenses.

LeapFinance

• Description: A financial service aimed at providing tailored educational loans and financial guidance.

• Key Features:

• Loans for Abroad Studies: Offers competitive loan options personalized for students studying overseas.

• Financial Planning: Tools and guidance to manage funding and expenses effectively.

Recent Developments

New Products and Features

• Partnered Programs:

• Collaboration with institutions like SUNY Polytechnic Institute, Colorado State University, and Indiana Tech to launch new hybrid programs for Indian students.

• Product Enhancements:

• Development of additional features in their mobile app for a more streamlined user experience, with tools for application tracking and resources for interview preparation.

Strategic Investments and Partnerships

• Funding Rounds:

• Received multiple investment rounds, including $55 million and 40 crores, with participation from major investors like Sequoia India and Jungle Ventures to expand services and reach.

• Partnerships:

• Entered strategic partnerships with key educational institutions to broaden the scope of available international programs and support services.

Organizational Growth

• Expanded operations with new offices in international locations such as Singapore and UAE to enhance accessibility and support for global education needs.

Community and Outreach

• Hosted events like free Masterclasses and webinars with high achievers and experts in global education to foster community growth and engagement.

Conclusion

Leap Scholar is a pivotal player in the Indian ed-tech landscape, dedicated to democratizing global education for Indian students through strategic partnerships, comprehensive support services, and innovative technological platforms.

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