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Study-abroad platforms target foreign students for growth
Financial Express Pune
|March 17, 2025
WITH THE NUMBER of Indian students opting to study abroad seeing a sharp drop, Indian study-abroad platforms are increasingly diversifying their business models by expanding into international markets.
Facing stricter visa rules and rising financial constraints, companies such as LeverageEdu, Leap, and eduVelocity are now targeting students from other countries to maintain growth.
According to data from the Bureau of Immigration under the home ministry, the number of Indian students studying overseas fell by 15% from 892,989 in 2023 to 759,064 in 2024. The drop has been particularly sharp in key destinations such as Canada, the UK, and the US, where Indian student enrollments fell by 27%. However, other destinations like Germany and Russia have seen an increase in the number of Indian students.
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