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AI, AI Sir! Indian execs back in the classroom for a fresh chapterOnline education companies such as Coursera, Eruditus, upGrad and Simplilearn are reporting a sharp rise in enrolments over the past year $...
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...
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. ...
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 ...
NBFC co-lending biz under scrutiny; P2P startups eye revampHappy Friday! Fintechs with co-lending partnerships may face stress after RBI's action on Navi and DMI Finance. This and more in today’s ET...
ET Startup Awards 2024: Nominees for Comeback KidThis award celebrates failure and recognises those who have survived to tell the tale. It will be given to entrepreneurs who rebuilt or lau...
Eruditus cofounder Chaitanya Kalipatnapu pledges over $1 million to spearhead BITS Pilani Endowment FundThis pledge not only propels the initiative forward but also sets a precedent for alumni engagement and contribution, the institute said in...
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 ...
Personal data to be shielded from AI; gaming GST may hit fintech ecosystemGenerative artificial intelligence (AI) has stunned companies and commoners alike with its abilities. But with public attention comes regul...
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...
Pay hike on the cards for edtech employees after an edgy 2022Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.
Eruditus founder’s family office backs venture debt fund Innoven with $32 millionWith this Ashwin Damera is now the second-largest LP (limited partner) in the fund.
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
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...
Budget's online education proposal to boost edtech sectorRonnie Screwvala, co-founder and chairman at upGrad, said the company will be ramping up its business three times in light on the new gover...