India, Oct. 5 -- IPO-bound study abroad platform Leverage Edu is targeting Rs.600 Cr in revenue in FY27, up over 60% from the Rs.372 Cr it reported in FY26, sources told Inc42.

The startup's management wants to reach this revenue milestone before taking it public. Alongside its listing preparations, Leverage Edu is exploring a Rs.500 Cr pre-IPO funding round to bring a large private equity firm onto its cap table.

The startup has held talks with a couple of global PE firms and is expected to close the round soon, the sources said.

"Akshay has committed to the board that the company will list by the end of next year. He is currently out in the market to finalise investment bankers for the IPO," one of the sources said, referring to foun...