Eruditus Learning Solutions Pte. Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Eruditus Learning Solutions Pte. Ltd. - overview
Established
2010
Location
Mumbai, -, India
Primary Industry
Education/Training
About
Eruditus Learning Solutions Pte. Ltd. is a leading provider of online education and professional development, specializing in executive education and tailored training programs for working professionals and organizations worldwide. Founded in 2010 in Mumbai, India, Eruditus Learning Solutions Pte.
Ltd. focuses on online education and professional development, offering courses in partnership with prestigious universities. The company has successfully raised funding across various rounds, with its most recent Series F round in October 2024, raising USD 149 mn led by TPG and including notable investors such as Accel and the Chan Zuckerberg Initiative. The firm has executed a total of 9 deals since its inception, maintaining a valuation of USD 2,669.
36 mn. The company is co-founded by Ashwin Damera and Chaitanya Kalipatnapu, with Ashwin also serving as the CEO. Eruditus specializes in online education, providing a diverse array of courses and professional development programs tailored to the needs of individuals and organizations. Their core offerings include executive education programs and customized training solutions designed to enhance skills in business management, data analytics, and technology.
Their target audience includes individual learners, corporations seeking workforce upskilling, and educational institutions looking to expand their online presence, with operations spanning North America, Europe, and Asia. In the most recent fiscal year 2023, Eruditus reported a revenue of USD 0 mn and an EBITDA of USD -22,554. 40 mn for 2024, reflecting their current financial standing and operational challenges. In October 2024, Eruditus Learning Solutions Pte.
Ltd. secured USD 149 mn in Series F funding, led by TPG, aimed at supporting its business growth initiatives. The company plans to enhance its course offerings and expand into new geographic markets, furthering its reach in both existing and emerging regions. Plans are underway to launch new products in the coming year to meet the evolving needs of the online education market.
Current Investors
Bertelsmann India Investments, Ved Capital, InnoVen Capital
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Services, Education & Training Software
Website
https://eruditus.com/
Verticals
EdTech
Company Stage
Series F
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.