LeverageEdu, an edtech platform, has announced intentions to spend 800 million Nigerian naira, or around Rs 8.5 crore, as part of its strategic development in Nigeria, announced on the margins of the G20 Summit. Akshay Chaturvedi, Founder and CEO of LeverageEdu, revealed this large investment at a meeting with Dr. Bosun Tijani, Nigeria's Minister of Communications, Innovation, and Digital Economy. Nigeria, a fast expanding study-abroad market, makes for a significant 9% of LeverageEdu's global business portfolio. Chaturvedi added, "Recognizing the potential of Nigerian youth," "Young industry leaders were essential in India's victory, and I believe the same is occurring in Nigeria. We at LeverageEdu & Fly are thrilled to be able to provide additional higher education opportunities to Nigerian youngsters."
Akshay Chaturvedi was a member of the Indian business delegation during the 'Nigeria-India Digital Economy Dialogue,' where he met with Nigerian government officials and entrepreneurs. Established in 2017, LeverageEdu operates as a global study-abroad platform, facilitating access to tailored higher education opportunities for students from India, Nigeria, and other emerging nations. The company has garnered support from a diverse array of institutions, including ETS Strategic Capital, Shorelight, Blume Ventures, Kaizenvest PE, DSP Mutual Fund, Tomorrow Capital, DSG Consumer Partners, and various family offices. LeverageEdu's robust platform serves a substantial monthly enrollment of over 6,000 students, reinforcing its commitment to fostering global educational access and opportunities for aspiring youth.
