A “minority investment” will be made to Singapore-based LINC Education Services, which runs The WorldGrad. The sum has not been disclosed.
“OES’s investment is set to propel the growth of The WorldGrad and will allow more students to study abroad at leading English-speaking universities,” said co-founder of The WorldGrad Abhinav Mital.
“We are excited to have their support as we look to grow the impact of The WorldGrad portfolio,” he added.
The aim is to help expand the reach of the platform, which has previously facilitated 25 institution partnerships across Australia, the UK and the US, and enables “accessible pathways into overseas higher education”.
It reportedly aligns with efforts to “bolster Australia and the UK’s international student cohorts” after a tumultuous two years during Covid.
Its parent company LINC has already delivered online programs to over 15,000 students in collaboration with universities, and The WorldGrad is the largest platform of its kind.
“We have been impressed with LINC’s education offering and global outlook – 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,” CEO of OES Denice Pitt said on the announcement.
“We can see an enormous benefit to having the strategic guidance of OES”
The investment in The WorldGrad follows significant contributions to emerging edtech organisations like game-making software Construct, study assistance platform Studiosity and pathway provider Skills Union.
“We can see an enormous benefit to having the strategic guidance of OES given their impressive track record delivering quality-driven online education at a global scale,” said Mital.
The program also currently supports universities in “diversifying their international student intakes” by setting up a “pipeline” of students from India which has been “quality-vetted”.
LINC was founded in 2017, and has won awards for its innovation in the study abroad space, as well as recognition for its work in online education.
“We look forward to working closely with The WorldGrad team as they expand their offering to support more students and universities,” Pitt added.