The WorldGrad, a study abroad EdTech platform, has recently raised an undisclosed amount in new funding round from Online Education Services (OES), Australia.
With the fresh funds, the Mumbai-based company plans to increase its market presence across India and expand its team, program, and partnership offerings, according to a news release.
Unlike most study abroad platforms, the WorldGrad enables students to complete a part of their overseas degree on the online platform and finish the rest on-campus abroad. The platform jointly offers academic programs with top global institutions that allow students to start their degree from home and complete it at the overseas campus.
The WorldGrad aims to make high-quality overseas education more accessible to students through its range of hybrid programs, co-developed and delivered in partnership with globally-ranked institutions. Through its program portfolio, the company offers students a personalised path to over 1000 overseas degrees across key English-speaking destinations. The WorldGrad also offers other overseas education-related services, such as language preparation, visa advice & support, and education loans, to help students achieve their education goals.
Commenting on the new funding received from OES, Abhinav Mital, Co-founder of The WorldGrad, said,
“We can see an enormous benefit to having the strategic guidance of OES given their impressive track record of delivering quality-driven online education at a global scale.”
OES’s investment in The WorldGrad is expected to propel the growth of the platform and enable more students to study abroad at leading universities.
Denice Pitt, CEO of Online Education Services (OES), said,
“The WorldGrad has significant potential to give students from India transformational access to an international, English-based education that might not otherwise be possible from an accessibility perspective.”
The WorldGrad is operated by Linc Education, an online academic services provider with a strong track record of academic excellence and student success. In the last three months, the company claims to add seven partner universities that recognise its hybrid study abroad program. The platform further aims to double its university partnerships by the end of 2022 to reach 200 including over 50 academic program partners. The company further claims to have successfully delivered international education to over 20,000 students with an overseas progression rate of 100 percent for students who have gone on to study via hybrid study abroad programs.
