About Leap
Leap is a company based in Bengaluru (India) founded in 2019 by Vaibhav Singh and Arnav Kumar.. Leap has raised $152.5 million across 6 funding rounds from investors including HSBC, Harvard University and Manipal Academy of Higher Education.
- Headquarter Bengaluru, India
- Founders Vaibhav Singh, Arnav Kumar
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Social
*********
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Annual Revenue
$75.54 M69as on Mar 31, 2024
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Net Profit
$-240.69 K98as on Mar 31, 2024
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EBITDA
$6.8 M155as on Mar 31, 2024
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Total Equity Funding
$152.5 M (USD)
in 6 rounds
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Latest Funding Round
$100 M (USD), Debt – Conventional
Mar 05, 2025
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Investors
HSBC
& 31 more
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Employee Count
Employee Count
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Funding Insights of Leap
Leap has successfully raised a total of $152.5M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(23 Dec 2019)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Debt – Conventional - Leap | Valuation |
investors |
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| Jan, 2025 | Amount | Series E - Leap | Valuation | Apis Partners | |
| Jun, 2022 | Amount | Series D - Leap | Valuation | Owl Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Leap
Leap has secured backing from 32 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HSBC, Harvard University and Manipal Academy of Higher Education. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and venture capital asset management firm
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Founded Year | Domain | Location | |
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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Leap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Leap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Leap Comparisons
Competitors of Leap
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Leap
When was Leap founded?
Leap was founded in 2019.
Where is Leap located?
Leap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Leap a funded company?
Leap is a funded company, having raised a total of $152.5M across 6 funding rounds to date. The company's 1st funding round was a Series D of $75M, raised on Dec 23, 2019.
What is the annual revenue of Leap?
Annual revenue of Leap is $75.54M as on Mar 31, 2024.
What does Leap do?
Leap was founded in 2019 in Bengaluru, India, within the education sector. Services focused on international student support are provided, including assistance with college selection abroad, entrance test preparation, visa processing, and loan facilitation. Operations are centered in India, targeting students seeking overseas education opportunities. The company is led by co-founders Vaibhav Singh and Arnav Kumar.
Who are Leap's investors?
Leap has 32 investors. Key investors include HSBC, Harvard University, Manipal Academy of Higher Education, Peak XV Partners, and KB Investment.
What is Leap's valuation?
The valuation of Leap is $779.08M as of Jun 2022.