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India’s Eruditus valued at $3.2 billion in $650 million fundraise

India’s Eruditus valued at $3.2 billion in $650 million fundraise

by | Aug 12, 2021 | Startups

Mumbai-based Eruditus, which works with leading universities worldwide to use more than 100 executive-level courses to students in over 80 countries, said on Thursday it has raised $650 million in a new funding round led by Accel and SoftBank Vision Fund 2. The brand-new financing round — — which includes both secondary and main transactions — — […] The universities and Eruditus work to establish courses that are intended at using higher education to trainees.”With this fundraise, we’re delighted to scale our unique company design, continue to provide strong learning results and grow our international impact at a rapid rate,” said Ashwin Damera, co-founder and primary executive of Eruditus. Eruditus is SoftBank’s second major bet on India’s edtech market. …

Chan Zuckerberg Effort backs Indian education startup Eruditus in $113 million fundraise

Chan Zuckerberg Effort backs Indian education startup Eruditus in $113 million fundraise

by | Aug 31, 2020 | Startups

Mumbai-based Eruditus, which deals with leading universities worldwide to offer more than 100 executive-level courses to students in over 80 countries, said on Monday it has raised $113 million in a brand-new funding round as it looks to even more scale its organisation to reach more learners. The Series D funding round for the 10-year-old start-up […] Eruditus is now valued at over $700 million, a person familiar with the matter said.”Eruditus serves as a vital innovation partner for top universities as they expand online course offerings in action to labor force needs and market demand,” said Vivian Wu, handling partner, Ventures, Chan Zuckerberg Initiative, in a statement. Eruditus stated it will use the fresh capital to partner with more universities and expand in emerging markets. …