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Eruditus funding: ETtech Exclusive: Eruditus raises $650 million as valuation jumps four-fold to $3.2 billion

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.
United States Ashwin Damera Japan Softbank Vision Fund Softbank Vision Fund Canada Pension Plan Investment Board Latin America

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upgrad impartus deal: upGrad acquires Impartus, commits Rs 150 crore towards buyout

Synopsis Impartus, now a 100% subsidiary of upGrad, has been integrated into the edtech startup’s system and rebranded as upGrad Campus’. It is now looking to clock revenue of Rs 85 crore in FY22. ETtech With Impartus’ acquisition, upGrad — which mainly targets working professionals — hopes to strengthen its presence in India’s higher education market. Bengaluru:upGrad, an edtech startup promoted by entrepreneur Ronnie Screwvala, has acquired Impartus, a video-enabled learning solut...
Gaurav Kumar Amit Mahensaria Ronnie Screwvala Corporate Development Upgrad Campus Red Seer Consulting

[Funding Alert] Edtech startup ClassMonitor raises Rs 3.5 Cr in pre-Series A round

Vijeet Pandey, Co-Founder and CEO, said: “A remarkable component of our societal adjustment during the last one year has been the ability to keep children engaged in educational experiences while away from the classroom. At ClassMonitor, we are combining valuable lessons with interesting tasks that encourage interaction between the kids and parents. The DIY experience teaches them problem-solving skills and also helps in developing an analytical thinking perspective.”  As part of its ange...
Madhya Pradesh Vijeet Pandey Classmonitor Nursery Indore Startups Medtech Startups Arly Stage Startup Funding

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