Eruditus
Finance
Bertelsmann doubles corpus for India VC investments
Bertelsmann India Investments, backer of startup unicorns such as Licious and Eruditus, has doubled its allocation for India to $500-600 ......
Finance
Startups find offshore, venture debt cheaper as volatility in equity fundraising increases
India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising, are finding offshore debt ......
TMT
Edtech firm Imarticus in talks with PE funds, strategics to raise nearly $50 mn
Professional education platform Imarticus Learning Pvt Ltd is planning to pocket a much larger cheque in its Series C round ......
TMT
Deals Digest: Companies raise $2.04 bn this week, CredAvenue turns unicorn
Companies raised $2.04 billion in venture capital (VC) and private equity (PE) funding this week, and fintech debt marketplace CredAvenue ......
Consumer
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 ......
Consumer
upGrad net loss widens as advertising expenses jump twofold in FY21
Ronnie Screwvala-led edtech firm upGrad Education Pvt Ltd’s net loss widened nearly threefold in 2020-21 (FY21) as the company doubled ......
Consumer
‘We should be profitable by FY24:' LEAD co-founder Smita Deorah
LEAD, formerly known as LEAD School, owned and operated by Leadership Boulevard Pvt Ltd, turned unicorn on Thursday after it raised $100 ......
Consumer
Edtech firm LEAD joins unicorn club with $100 mn funding from WestBridge, others
School edtech platform LEAD has raised $100 million as a part of its Series E funding round led by WestBridge ......
TMT
Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022
If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......
Consumer
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 ......
