Eruditus
TMT
SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital
Higher education startup Eruditus has reached out to top private equity (PE) and sovereign wealth funds (SWF) to raise $......
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 ......
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 nearly Rs......
People
Accel will continue to make a third of fresh investments in Indian online marketplaces
Global venture capital firm Accel, an early investor in startups like Flipkart and Swiggy, will continue to place big ......
People
100 startup founders feature in IIFL Wealth Hurun India Rich List 2022
Sixty-five founders of 37 unicorns including Physics Wallah’s Alakh Pandey and Prateek Maheshwari, Byju Raveendran and......
TMT
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
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...
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...
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,...
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 ......
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