The India-based college admissions and education services platform will use the investment to improve its offer and product & technology, expand internationally and grow new verticals.

South Asian overseas education company Leap has raised $55 million in Series C funding led by Owl Ventures, bringing the company's total equity capital raised to date to over $75 million.

Canadian unicorn, ApplyBoard, has raised a further C$375 million (US$300 million) in Series D funding, to enable further global scale and product iteration. One example of this is the rollout of verification portal ApplyProof, said the company.

CultureWorks has entered a new partnership with OKR Financial to "significantly" increase investment in the Canada-based digital pathway provider.

Edtech startup Cialfo has announced an additional US$15 million in funding to drive product innovation, and expand reach in India, China and South-east Asia.

The Class of 2020 kicked off its schedule of events with a conference that looked at how companies can continue to invest in student housing amid the housing crisis in Europe.

StudyPortals, the Dutch start-up modelling itself as a global student marketplace, has announced a new investment from David Vismans of Booking.com.

FutureLearn confirmed is is looking for "new investment partners" to aid its growth into the degree market of online international education, though it did not say if the figure of £40m was accurate.