Ashwin Damera

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 ......

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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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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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People

13 December, 2022

Decoding the Dameras' unconventional investment strategy

When Ashwin Damera returned to India in 2005 from the US, he had declined a lucrative job offer from management ......

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TMT

16 November, 2022

Jatin Paranjape's journey from cricket to scaling a sports startup

Even as a cricketer, Jatin Paranjape aspired to be a chartered accountant (CA).  He believed he had a thing for numbers. ......

TMT

03 June, 2022

Edtech unicorn Eruditus follows Vedantu, Unacademy, sacks staff

Executive education platform Eruditus has laid off a section of its employee, joining other edtech unicorns such as Vedantu and ......

People

20 April, 2022

Eruditus founder bets $32 mn on Innoven Capital India Fund

Ashwin Damera, Founder and Chief Executive Officer of edtech unicorn Eruditus, has invested Rs 240 crore ($32 million) in one ......

Consumer

08 March, 2022

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 ......

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Consumer

10 January, 2022

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 ......

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TMT

14 June, 2021

SoftBank in talks to lead $250-300 mn funding round in Eruditus

Japan’s SoftBank Group Corp is in talks to lead a $250-$300 million primary capital round in Eruditus Learning Solutions, the ......