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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
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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.