Poging GOUD - Vrij
Leap nears Prodigy buyout
Mint Hyderabad
|March 07, 2025
The study-abroad platform is in late-stage talks to acquire fintech firm Prodigy Finance to expand its footprint
Flush with funds, study-abroad platform Leap is in late-stage talks to acquire study-abroad fintech Prodigy Finance Ltd, with plans to acquire more startups, three persons close to the development told Mint.
The final details are being ironed out, and the deal will close soon, said one of the persons, adding that Leap is also evaluating two to three other startups to acquire, with study-abroad consultancy KC Overseas Education being one of the leading prospects.
Mint could not immediately ascertain the size of the transaction.
Queries sent to Leap, Prodigy and KC Overseas on Thursday haven't elicited any response.
On Wednesday, its student-lending arm, Leap Finance Inc., secured a $100 million debt facility from HSBC's $1 billion ASEAN Growth Fund for new economy businesses to support students pursuing international education, the company said in a statement.
Dit verhaal komt uit de March 07, 2025-editie van Mint Hyderabad.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Hyderabad
Mint Hyderabad
Satya Decodes Timing And Investor Psychology
An independent market voice decoding cycles through discipline and psychology. Known for timing inflection points ahead of institutional consensus
2 mins
April 16, 2026
Mint Hyderabad
NewsReach: Rewriting Public Relations For The Al Age
As visibility becomes the new currency, NewsReach is building the intelligence layer that connects brands, media, and creators
2 mins
April 16, 2026
Mint Hyderabad
Pioneering The Human-Centric Well-being Story
In a fast-paced digital era, Shradha Chaturvedi, founder and CEO of GetCompanion, is tackling loneliness affecting over 300 million Indians.
1 min
April 16, 2026
Mint Hyderabad
Quick commerce turns the new frontier for brand innovation
Quick commerce is evolving beyond a distribution channel into a testing ground for product innovation, enabling brands—from new-age to legacy players, across categories from milk to makeup—to launch, refine and scale offerings.
2 mins
April 16, 2026
Mint Hyderabad
Fortune 500 Companies Pivot Beyond The Metros
As attrition rates soar in metros and talent demands evolve, global corporations are increasingly shifting their GCC strategies toward Tier 2 India
1 mins
April 16, 2026
Mint Hyderabad
Earthen Connect: From Label Claims To Verified Food
As digital tools become easier to use, traceability is emerging as the new standard of trust in everyday food products across global markets
2 mins
April 16, 2026
Mint Hyderabad
Ports to extend export relief till April-end
India’s major ports are set to extend relief measures for exporters hit by disruptions from the ongoing West Asia conflict until the end of April, according to two people aware of the development, as shipping delays and logistics costs remain elevated.
1 min
April 16, 2026
Mint Hyderabad
From UPSC Topper To Powering Multi-Sector Growth
Akhand Swaroop Pandit's journey from a UPSC topper to a multi-sector entrepreneur reflects academic excellence, resilience, and vision.
1 min
April 16, 2026
Mint Hyderabad
Wholesale inflation rises to 3.88% in Mar
India's wholesale inflation rose to 3.88% in March—the highest in more than three years—breaking a six-month run of subdued readings through December 2025, as higher prices of crude petroleum, natural gas, basic metals, and manufactured food and nonfood items pushed up costs, according to commerce ministry data released on Wednesday.
2 mins
April 16, 2026
Mint Hyderabad
Fuel rationing hurts telecom despite its critical sector tag
Operators warn that fuel shortages could threaten network continuity and essential services
2 mins
April 16, 2026
Listen
Translate
Change font size