College admission consulting and careers platform Leverage Edu has raised $1.5 million from investors DSG Consumer Partners and Blume Ventures, the company said on Monday. Saama Capital founder Ash Lilani and PayU India's former chief executive Amrish Rau also participated in their individual capacities.
DSG Consumer and Blume had earlier invested $1.3 million in the two-year old start-up in January this year.
“In a short period Akshay and his team have demonstrated very strong execution capabilities and have positioned Leverage Edu as a leading emergent higher education and career advisory brand. A large part of their success to date is the unrelenting focus on making the student the core of everything that company does,” said Deepak Shahdadpuri, managing director, DSG Consumer.