Leverage Edu today announced the appointment of Karan Khemka as an independent member on the company’s Advisory Board. Karan Khemka, a veteran education pioneer and former Partner at EY Parthenon, the world’s biggest education consulting firm, invested in the company earlier this year, leading an angel consortium of 5 Partners of LEK Consulting. Now, Karan will be extending his relationship with the company by joining its Advisory Board. As part of this, he will provide guidance to the Founder, Akshay Chaturvedi, and the rest of the board. Karan also currently serves at the Advisory board of India-based Tata ClassEdge and at the boards of US-based Prometric, China-based Elitek12 amongst others. After its $8.5 Mn fundraise earlier this year, University Admission Platform Leverage Edu has been on an intense growth trajectory, with the company reporting over 10x growth in the last 6 months. The platform has over 3 Mn students using its self-serve products, does over 40,000 counsellings, and is helping over 2000 students with their study abroad dreams every month at the moment. It is also helping students from over 700+ cities & towns in India, with over 60 percent of its business coming from non-metro parts.
“Akshay and Leverage Edu are assisting thousands of young Indians with their aspirations for a global education and life; it is imperative these students make the best choice for themselves and Leverage Edu is here to help,” Karan Khemka remarked, excited at the prospect of this new appointment.
“I have had Karan as a mentor to me from the early days of the business. His support through the last few years has helped me build great fundamentals in the business, which poise us to world-winning aspirations now. I and the rest of the management and board, are very excited to have Karan onboard! He brings tremendous operating insights that will help us continue delivering on our mission to help millions of middle-income students get access to high quality career advice to study at their dream colleges”, said Akshay Chaturvedi, Founder & CEO, Leverage Edu.