Eruditus
Consumer
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 ......
TMT
SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps
SoftBank-backed edtech firm Eruditus narrowed its losses in the financial year ended June 2023 while its revenue jumped, as per ......
TMT
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, ......
TMT
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 ......
TMT
Eruditus' Damera on scrapping $350 mn funding, breaking even and more
The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing growth projections, and a ......
Finance
CPP Investments commits Rs 1,800 cr to India in 3rd quarter
Canada Pension Plan Investment Board (CPP Investments), Canada’s largest pension fund manager, has committed a total of nearly Rs 1,800 ......
People
Accel will continue to make a third of fresh investments in Indian online marketplaces
Global venture capital firm Accel, an early investor in startups like Flipkart and Swiggy, will continue to place big bets ......
People
100 startup founders feature in IIFL Wealth Hurun India Rich List 2022
Sixty-five founders of 37 unicorns including Physics Wallah’s Alakh Pandey and Prateek Maheshwari, Byju Raveendran and family and Riju Ravindran ......
TMT
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 ......
People
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 ......
