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/PRNewswire/ -- Emeritus, the global leader in making the highest-quality education accessible and affordable to individuals, companies, and governments around...

92% of team members say Emeritus is a Great Place to Work MUMBAI, India and BOSTON, Feb. 17, 2022 /PRNewswire/ -- Emeritus, the global leader in making the highest-quality education accessible

As the edtech revolution makes quality higher education affordable and accessible to all, alters traditional structures of the MBA, and creates new markets on its value-cost trade-off, what’s at stake for traditional b-schools?

Eruditus began in 2010 by partnering with top American and European institutions to offer executive education courses in offline classrooms

Eruditus funding — which is a mix of primary capital infusion and secondary stake sale by existing shareholders — was led by US-based venture capital firm Accel and Japans SoftBank Vision Fund II.

Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing round — which includes both primary and secondary transactions — […]

The fresh capital infusion has quadrupled the valuation of Eruditus to $3.2 Bn from $800 Mn last year, making it the 22nd unicorn of 2021

Emeritus, an EdTech platform used by some of the world’s top universities and other educational institutions for online courses, said on Thursday it raised $650 million in a funding round led by SoftBank Group Corp’s (9984.T) Vision Fund 2 and Silicon Valley venture capital firm Accel.

=The ten-year-old startup's valuation has quadrupled from about $700 million last year. Eruditus is the 23rd startup to join the unicorn club in 2021

Following the Series E funding round, which was led by Accel US and SoftBank Vision Fund II, Eruditus's valuation has jumped to $3.2 billion.