Eruditus, a Mumbai, India-based company which specializes in making education accessible and affordable to individuals, companies, and governments around the world, raised $150M in Series F funding.
The round was led by TPG’s The Rise Fund, with participation from existing investors Softbank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments and the Chan Zuckerberg Initiative.
The company intends to use the funds to invest in AI technology to further enrich the learner experience, expand its business serving governments and enterprises and deepen its investments in the India and APAC regions.
Eruditus is committed to making education accessible and affordable to individuals, organizations, and governments worldwide via short courses, degree programs, professional certificates, and senior executive programs to learn new skills. It collaborates with more than 80 universities across the United States, Europe, Latin America, Southeast Asia, India, and China.
The Eruditus Group has more than 1,750 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai.
FinSMEs
19/10/2024