Study abroad startup Leverage has successfully secured an undisclosed amount of funding from the family office of Aloke and Suchitra Lohia, based in Thailand. Leverage operates under an umbrella entity that encompasses various verticals, including Leverage Edu, Fly.finance, and Fly Homes. This strategic investment opens up new opportunities for Leverage to expand its presence in the Southeast Asian market, with a particular focus on establishing an office in Thailand. Additionally, the capital injection will support Leverage in its mission to extend its services to a wider audience of students from emerging economies across the region.
Expanding Footprint in Southeast Asia
The partnership with the Lohia family office presents a significant milestone for Leverage as it embarks on a journey to expand its footprint in Southeast Asia. The establishment of an office in Thailand signifies the startup's commitment to catering to the educational aspirations of Thai students looking to study abroad. Thailand has a growing population of students aspiring to pursue higher education opportunities in foreign countries, making it a strategic market for Leverage.
Leveraging Synergies and Networks
Aloke and Suchitra Lohia, as the largest shareholders of one of Thailand's largest listed companies, bring a wealth of experience, synergies, and deep networks to the table. Their involvement in the investment is expected to provide Leverage with valuable insights into the local market dynamics and potential collaborations. This partnership has the potential to create mutually beneficial opportunities, enabling Leverage to tap into the rich resources and expertise of the Lohia family office.
Targeting Thai Students
One of the key objectives of this collaboration is to enable Leverage to effectively target the growing number of Thai students seeking educational opportunities abroad. The startup aims to cater to the needs of approximately 1 Lakh Thai students who aspire to study in foreign universities. By leveraging its platform's verticals, including Leverage Edu, Fly.finance, and Fly Homes, Leverage intends to offer comprehensive support and guidance to Thai students throughout their study abroad journey.
The investment from the Thailand-based family office of Aloke and Suchitra Lohia marks a significant milestone for Leverage as it expands its reach and offerings in the Southeast Asian market. The establishment of an office in Thailand and the partnership with the Lohia family office position Leverage to tap into the growing demand for study abroad opportunities among Thai students. With a commitment to serving emerging economies in the region, Leverage is poised to make a meaningful impact on the educational aspirations of students across Southeast Asia.
