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Leverage Edu Launches Student Accommodation Platform, Fly Homes

The study-abroad platform plans to expand services into Europe and the US in the next two quarters

Leverage Edu Launches Student Accommodation Platform, Fly Homes
Akshay Chaturvedi, founder and CEO of Leverage Edu and Fly Homes

Outlook Start-Up Desk

POSTED ON August 01, 2023 9:06 PM

Leverage Edu, a global study-abroad platform that helps students from India, Nigeria and Nepal get higher education opportunities overseas, launched its student accommodation platform, Fly Homes. The platform has reportedly completed a pilot in the United Kingdom and has achieved Rs 100 crore work of gross booking value. 

Fly Homes managed to achieve this number in less than six months of starting the pilot.

Akshay Chaturvedi, founder and CEO of Leverage Edu and Fly Homes, said, “We launched Fly Homes with a singular aim of providing end-to-end solutions to students. We want to ensure they have access to safe and comfortable accommodation, a part-time job to help with daily expenses and access to alums for guidance. That is why Fly Homes has achieved resounding success.” 

Fly Homes has also onboarded over 500 student bodies in their partner universities that help students get part-time jobs and internships. The company has plans to expand to other countries in Europe and the US in the next two quarters. 

Founded in April 2017 by Chaturvedi, LeverageEdu helps students from India, Nigeria and Nepal land higher education opportunities abroad. It is backed by institutions ETS, Shorelight, Blume Ventures, Kaizenvest PE, DSP Mutual Fund, Tomorrow Capital, DSG Consumer Partners, Trifecta Capital; family offices Mankind Pharma, Capri Global, Indorama Ventures, Vicco, Singularity Ventures; and individual operators like Binny Bansal, Vijay Shekhar Sharma, Kunal Shah, Ashish Hemrajani, Peyush Bansal, Ankur Warikoo, Karan Khemka, Ash Lilani, Vishal Gondal and Amrish Rau. 

LeverageEdu enrolls over 6000 students monthly, offering dedicated counseling, application support, college admissions, education loans, international money transfer and student accommodation.

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