New Delhi, April 1 -- Leverage Edu, an overseas-focused higher education counselling platform backed by venture capital and private equity firms, has turned EBITDA-positive for the financial year ended March 2026, a top company executive told VCCircle.

"This year marks a shift from growth at any cost to disciplined, profitable scaling," founder and chief executive officer Akshay Chaturvedi said. "We have doubled revenue while turning EBITDA-positive, improved our unit economics, and continued investing in new products and geographies."

The company had reported an EBITDA loss of Rs 78.8 crore in FY25, according to VCCEdge, the data intelligence platform of VCCircle.

Chaturvedi said revenue more than doubled in FY26 to around Rs 375 crore, up from around Rs 173.3 crore a year ago.

Founded in 2017 by Chaturvedi, Leverage Edu offers end-to-end services for students pursuing international education and careers, including counselling, application support, admissions, education loans, international remittances, and student accommodation.

The company added over 55,000 new users during the year, taking its total customer base to more than 175,000. It continued to report a net loss due to financing costs, but reduced the net loss by Rs 85 crore compared with the previous year.

Leverage Edu said it maintained strong cost discipline, with employee and marketing expenses rising 50% over the past two years, while corporate overheads increased by less than 10%.

Operationally, the company expanded its global footprint to 28 countries, launched three AI-led products, and opened 15 experience centres in India, about half of which are already profitable.

Its remittance vertical processed about Rs 2,000 crore in transactions, while its accommodation services more than doubled year-on-year. The company is also expanding into workforce mobility through Leverage Careers, as it looks to evolve from a study abroad platform into a broader student and workforce mobility ecosystem.

Leverage Edu last raised $40 million in 2023 in a Series C funding round led by Princeton-based language testing conglomerate ETS. Its other investors include Blume Ventures, DSG Consumer Partners, Kaizenvest PE, and Amaya Ventures.

Published by HT Digital Content Services with permission from VC Circle.