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Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...- Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
- Ready to reduce non-essential travel: Companies open to making WFH work, againIndian companies are responding to the Prime Minister's call for work from home and reduced travel. Many firms are already offering hybrid ...
- Foreign universities drive hiring boom in IndiaIndia's educational landscape is on the cusp of transformation as NEP 2020 invites a host of foreign universities to set up campuses here. ...
- Edtech unicorn Eruditus closes $150-million loan refinancing deal from Mars Growth Capital and HSBCEruditus secured the deal led by MARS Growth Capital, a joint venture between Liquidity and MUFG Bank, and HSBC. This round comes after a $...
- Eruditus bags USD 150 mn in refinancing from MARS Growth Capital, HSBCEdtech platform Eruditus has secured USD 150 million in refinancing, spearheaded by MARS Growth Capital and HSBC. This financial boost aims...
- Eruditus raises $150 million led by TPG Rise, company to flip domicile to India from SingaporeEruditus has emerged as the largest Indian edtech firm by revenue with Rs 3,800 crore in FY24. It is on track to clock over Rs 5,000 crore ...
- Eruditus joins queue of reverse flips by Indian startups, weighs IPOEdtech unicorn Eruditus is planning a shift in domicile from Singapore to India, or reverse flipping, and joins the growing list of Indian ...
- Skills for All: Bertelsmann Investments hosts Eruditus’ CEO for a Brunch Labs podcast on Building the world’s largest skilling platform, together!Makkar's message to Eruditus was unequivocal: "To unlock real growth and scalability, you need to embrace the online realm," shared Ashwin ...
- Eruditus’ FY23 revenue jumps 63% to $400 millionRevenue rose to $400 million (around Rs 3,280 crore as per current exchange rates) in 2022-23 from $245 million the previous year, said Ash...
- US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billionThe markdown has translated to a valuation of about $2.9 billion as of March 31, 2023, a drop from $3.2 billion in August 2021, a price at ...
- Eruditus FY22 revenue up 87%; loss excluding exceptional items at $66 millionIn the financial year ending FY21, Eruditus had reported a cash loss of $31 million, filings reviewed by ET showed. The Mumbai-based edtech...
- Edtech unicorn Eruditus lays off employees to focus on profitabilityEruditus Group owns Eruditus Executive Education and Emeritus. Eruditus partners with over 50 universities such as MIT, Columbia, Harvard, ...
- Edtech Eruditus gets $350 million debt from CPPIB for M&AsEruditus is said to be already in the final stages of closing a $250 million acquisition in Europe, of a company that largely offers online...
- ETtech Exclusive: Eruditus raises $650 million as valuation jumps four-fold to $3.2 billionCPPIB to also join new round which will facilitate partial exit for Bertelsmann, founder & management selling $100 million in shares
- Eruditus Group acquires Silicon Valley-based iD Tech for $200 millionThe acquisition will mark the Mumbai-based entity's expansion beyond higher education into the K-12 STEM space
- Leeds, Prosus lead $113-million round in edtech firm EruditusWith the latest investment, the company’s valuation has jumped to over $800 million, sources said, making the executive education firm amon...
- Chan Zuckerberg fund backs education tech startup Eruditus; valuation doublesThe Chan Zuckerberg Initiative (CZI) confirmed it had invested in the Mumbai-based startup, without disclosing details. “Eruditus has a pro...
- Sequoia India leads $40 million round in edutech startup EruditusEruditus partners with top colleges in the US and Europe, such as Massachusetts Institute of Technology (MIT), INSEAD and London School of ...
- Eruditus raises Rs 53 crore from Bertelsmann India in series-B roundThe company plans to use the funds to add new programmes with the existing and new university partners as well as expand its geographical r...
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