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Study-abroad platforms advise students to skip Canada, explore UK, US options
Money Control
·
1y ago
Medial
Amidst escalating diplomatic tensions between Canada and India, Indian higher education platforms are advising students to consider studying in the UK or the US as alternatives to Canada. This comes after India suspended visa services for Canadian nationals, leaving students in a state of worry and panic. Queries from concerned students have poured in, with some expressing uncertainty about their safety in Canada. The suspension of visa services is expected to impact the demand for Canadian universities as a top study destination, particularly for the upcoming spring intake.
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Canadian universities offer mental health support, security to students amid India-Canada faceoff
Money Control
·
1y ago
Medial
Canadian universities, including the University of Toronto, McGill University, and UBC Sauder, are offering support and mental health assistance to Indian students amid uncertainties surrounding India-Canada ties. They are closely monitoring the impact of the situation and are committed to supporting their international student communities. Some universities are also encouraging Indian students to explore alternatives in the UK and the US due to potential delays in visa approvals. ApplyBoard, a Canadian higher edtech company, confirmed that there have been no disruptions in processing study permits and visas for Indian students coming to Canada.
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Why study-abroad startups are facing testing times
Livemint
·
1m ago
Medial
Study-abroad startups like Leap Scholar, Leverage Edu, AdmitKard, and upGrad face challenges as the US, UK, Canada, and Australia tighten international student admission rules. This has led to a 27% decrease in enrolments, impacting these startups that facilitate overseas education. Students like Samarth from Karnataka are also affected by stricter visa regulations, finding it risky to travel due to concerns over potential visa cancellations even for minor delays in returning after internships.
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Study Abroad Platform Leverage Edu launches student accommodation platform Fly Homes
IndianStartupNews
·
2y ago
Medial
Leverage Edu, the study abroad platform, introduces "Fly Homes," as reported by Indian Startup News. The new offering is designed to assist international students in finding suitable accommodation abroad. Leveraging its network and expertise, Leverage Edu aims to simplify the process of securing safe and comfortable housing options for students pursuing their education overseas, enhancing their study abroad experience.
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Left office at 1 am: Leverage Edu CEO on day India suspended visa services for Canadians
Money Control
·
1y ago
Medial
Amid the suspension of visa services to Canadian nationals by India, Indian higher education platforms are encouraging students to explore universities in the UK and the US as alternatives. The move comes as uncertainty looms over Canada's response to India's action. Canadian universities, relying heavily on contributions from international students, may face a decline in demand this year. Students already in Canada or with visas may proceed as planned, but there may be uncertainties for the upcoming spring intake. Other destinations such as Germany, France, Finland, Greece, and Italy are also being considered by students.
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Eruditus plans foray into study abroad segment in 2024, says CEO Ashwin Damera
Money Control
·
1y ago
Medial
SoftBank-backed education platform Eruditus plans to expand into the study abroad segment, starting with the US market and later diversifying to universities in Southeast Asia, Latin America, and China. The company aims to create a hybrid approach where students can complete part of their course online or in India before going abroad, offering a more affordable alternative to traditional study abroad programs. Eruditus reported growing revenue and plans to raise additional funding through a round of secondary funding.
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Leap Finance raises $100 million in debt funding from HSBC
Economic Times
·
5m ago
Medial
Leap Finance, a unit of the study abroad platform Leap, has raised $100 million in debt funding from HSBC's Asean Growth Fund. The funding will extend its services across more US states and enhance partnerships with universities, aiming to support over 2,000 students with loans averaging $50,000. Leap provides loans based on students' future earning potential, having disbursed over $250 million to over 5,000 students, addressing rising educational costs amidst rupee depreciation.
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India-Canada crisis spells trouble for Indian start-ups eyeing Canada as gateway to North American market
Business Today
·
1y ago
Medial
The deepening diplomatic tensions between Canada and India may impact Indian start-ups that view Canada as a strategic entry point to North American markets. The visa ban imposed by Canada could hinder trade and business opportunities, causing start-ups to explore alternative markets. Some Indian start-ups may opt to focus directly on the US market instead. The Canada-United States-Mexico Trade Agreement (CUSMA) offers reduced trade barriers and increased market access for start-ups, facilitating expansion and growth opportunities. The ban may also discourage Indian students from choosing Canadian universities.
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Leap of faith: Spiritual apps on global quest
Economic Times
·
4m ago
Medial
Several devotional apps, including Vama.app and AppsForBharat, are expanding globally to connect the Indian diaspora with their spiritual roots. Vama.app plans launches in the US, UK, and Canada, while AppsForBharat aims to enter markets like Singapore and South Africa. Both companies are leveraging the Maha Kumbh's popularity to boost engagement. As devotion transcends borders, these platforms offer region-specific spiritual services and ecommerce options for international devotees, supported by significant venture capital investments.
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Leverage Edu Secures Capital From Lohia Family Office As It Plans To Set Foot In Thailand
Inc42
·
1y ago
Medial
Study abroad platform Leverage Edu has secured an undisclosed amount of funding from the family office of Aloke and Suchitra Lohia, enabling the startup to expand in Thailand. The funding will also allow Leverage Edu to target the growing number of Thai students seeking to study abroad. The partnership will leverage the networks and synergies of the Lohia couple, who are the majority shareholders in Thailand's Indorama Ventures. Leverage Edu has raised a total of $62 million in funding to date and was last valued at approximately $150 million.
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Leap raises $65 million in funding round led by Apis Partners
Economic Times
·
6m ago
Medial
Leap, a student study abroad platform founded in 2019, raised $65 million led by Apis Partners, with support from Owl Capital, Jungle Ventures, and Peak XV. The funds are aimed at enhancing AI-driven offerings, global expansion, and strategic acquisitions. Leap aids students with counseling, loans, and visa assistance in 11 countries, including India and Nigeria. Despite the falling rupee raising education costs, the US remains a key destination. Leap has grown fivefold, becoming Ebitda positive.
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