Ed-tech unicorn Eruditus raises $150 mn at $3-bn valuation
Eruditus, the parent company of Emeritus, raises funds from investors led by TPG’s The Rise Fund; to invest in AI products and the growth of enterprise businesses
eruditus
October 2024
November 2021
October 2021
Can $4 billion edtech funding boom sustain beyond Byjus’s, Unacademy, Eruditus & upGrad?
Investors bet on emerging edtech platforms offering niche services as $4 billion funding so far in 2021 surpasses last year’s total of $2.21 billion.
“Did not remote-control the business”
“Marketing technology varies with countries. In India, if we don’t speak to students, they don’t enroll. Latin America is predominantly on WhatsApp; the U.S. uses FB Messenger widely.”
