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Ex-Bankers’ Study-Abroad Startup Nears $1 Billion Unicorn Status

Owl Ventures led the round, with Steadview Capital and Paramark Ventures as well as existing investors Jungle Ventures and Sequoia Capital India participating, the company, known by its brand name Leap, said Wednesday in a statement. Its valuation has doubled since a September fundraising and is nearing $1 billion, co-founder Vaibhav Singh, 37, said in a video interview.

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