Eruditus
General
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 ......
TMT
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 ......
TMT
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 ......
General
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 ......
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 ......