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EDTECH ERUDITUS
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 ...22 Jan, 2024, 08.12 AM IST- Eruditus plans India flip; Ayodhya boost for spiritual appsIndian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is ...22 Jan, 2024, 08.01 AM IST
- 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 ...22 Nov, 2023, 11.35 AM IST
- 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 ...30 May, 2023, 06.00 AM IST
- 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...03 Apr, 2023, 05.25 PM IST
- Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...11 Feb, 2023, 01.25 AM IST
- 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.09 Feb, 2023, 05.30 PM IST
- 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, ...03 Jun, 2022, 06.37 PM IST
- 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.20 Apr, 2022, 06.03 PM IST
- 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...08 Mar, 2022, 08.37 AM IST
- Startups, firms provide extended paid breaks in runup to New Year'sAs the pandemic winds into another year amid rising Omicron cases, some startups are trying to ensure that, in these stressful times, the N...26 Dec, 2021, 09.57 AM IST
- 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 shares12 Aug, 2021, 08.32 PM IST
- 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 space20 May, 2021, 07.00 AM IST
- 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...01 Sep, 2020, 08.05 AM IST
- 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...29 Aug, 2020, 12.26 PM IST
- e-degrees may turn page for edutechFinance minister Nirmala Sitharaman, in her budget speech, proposed to start degree level full-fledged online education programmes.03 Feb, 2020, 10.00 AM IST
- 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...01 Feb, 2020, 03.28 PM IST
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