SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital

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Ashwin Damera, CEO, Eruditus

Higher education startup Eruditus has reached out to top private equity firms and sovereign wealth funds (SWF) to raise $100-150 million, two people aware of the development said. The fundraising will see the Mumbai-based company issue new shares, while some existing investors will also divest their holdings. Despite the turmoil in ......

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