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Ashwin Damera

SoftBank-backed Eruditus may shift domicile to India for IPO

Consumer

13 February, 2024

SoftBank-backed Eruditus may shift domicile to India for IPO

SoftBank-backed Indian educational technology firm Eruditus is planning to shift its domicile from Singapore to India for a stock market ......

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SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24

TMT

17 July, 2023

SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24

Edtech company Eruditus expects to end the financial year 2023-24 on a profitable note, its founder and CEO told VCCircle, ......

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SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital

TMT

11 July, 2023

SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital

Higher education startup Eruditus has reached out to top private equity firms and sovereign wealth funds (SWF) to raise $100-150 ......

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Decoding the Dameras' unconventional investment strategy

People

13 December, 2022

Decoding the Dameras' unconventional investment strategy

When Ashwin Damera returned to India in 2005 from the US, he had declined a lucrative job offer from management ......

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Jatin Paranjape's journey from cricket to scaling a sports startup

TMT

16 November, 2022

Jatin Paranjape's journey from cricket to scaling a sports startup

Even as a cricketer, Jatin Paranjape aspired to be a chartered accountant (CA).  He believed he had a thing for numbers. ......

Edtech unicorn Eruditus follows Vedantu, Unacademy, sacks staff

TMT

03 June, 2022

Edtech unicorn Eruditus follows Vedantu, Unacademy, sacks staff

Executive education platform Eruditus has laid off a section of its employee, joining other edtech unicorns such as Vedantu and ......

Eruditus founder bets $32 mn on Innoven Capital India Fund

People

20 April, 2022

Eruditus founder bets $32 mn on Innoven Capital India Fund

Ashwin Damera, Founder and Chief Executive Officer of edtech unicorn Eruditus, has invested Rs 240 crore ($32 million) in one ......

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Consumer

08 March, 2022

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Edtech unicorn Eruditus Education Pvt Ltd on Tuesday said it has raised  $350 million (about Rs 2,696 crore) in debt ......

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SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

Consumer

10 January, 2022

SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022

SoftBank-backed edtech unicorn Eruditus Education Pvt Ltd plans to deploy as much as $1 billion (Rs 7,500 crore) for mergers ......

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SoftBank in talks to lead $250-300 mn funding round in Eruditus

TMT

14 June, 2021

SoftBank in talks to lead $250-300 mn funding round in Eruditus

Japan’s SoftBank Group Corp is in talks to lead a $250-$300 million primary capital round in Eruditus Learning Solutions, the ......