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Deals Digest: Funding momentum picks up on larger deal sizes, better volume

General

18 October, 2024

Deals Digest: Funding momentum picks up on larger deal sizes, better volume

Private equity and venture capital funding activity picked up significantly this week from the previous five-day period, thanks to a few ......

TPG's Rise Fund leads Series F funding in Eruditus at $3 bn valuation

TMT

18 October, 2024

TPG's Rise Fund leads Series F funding in Eruditus at $3 bn valuation

Edtech startup Eruditus has raised $150 million in a fresh funding round led by American private equity firm TPG’s impact ......

Regulatory reform could hasten homecoming of IPO-bound startups

TMT

10 October, 2024

Regulatory reform could hasten homecoming of IPO-bound startups

India's scrapping of a time-consuming compliance step will accelerate the pace at which Indian startups domiciled abroad shift back home to ......

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Grapevine: TPG may lead edtech firm's funding; Advent mulls Manjushree monetisation

General

26 August, 2024

Grapevine: TPG may lead edtech firm's funding; Advent mulls Manjushree monetisation

Eruditus, an Indian edtech startup, is nearing a $150 million funding round led by TPG, a media report said.  This would ......

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 ......

SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps

TMT

22 January, 2024

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 ......

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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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Eruditus' Damera on scrapping $350 mn funding, breaking even and more

TMT

09 May, 2023

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 ......

CPP Investments commits Rs 1,800 cr to India in 3rd quarter

Finance

10 February, 2023

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 ......