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    Question

    Which of the following study abroad platform has got

    the RBI’s licence for its financial services vertical for student remittances and education loans?
    A LeverageEdu Correct Answer Incorrect Answer
    B Udemy Correct Answer Incorrect Answer
    C Gradeup Correct Answer Incorrect Answer
    D Eduriv Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    LeverageEdu, the study abroad platform, has got the Reserve Bank of India’s licence for its financial services vertical for student remittances and education loans.The company has recorded transactions processed value of Rs 135 crore on foreign exchange, facilitating education loans worth more than Rs 280 crore and it aims to close FY 2023 at $150 million annualised TPV (Total Payment Volume).

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