Ettech Exclusive: Eruditus Closes $650 Million Funding Led By Accel, Softbank, Valuation Jumps Four-Fold To $3.2 Billion
Amount Raised
$650 Million
Round Type
Funding Round
MumbaiFinancial ServicesInternet ServicesEducationLending And InvestmentsDescription
Bengaluru: Online executive education startup Eruditus has raised $650 million funding in a new round led by venture capital firm Accel US and Japan’s SoftBank Vision Fund II. Post the funding, which is a mix of primary capital infusion and secondary stake sale by existing shareholders, Eruditus will be valued at $3.2 billion, its founder and CEO Ashwin Damera told ET in an exclusive chat.
Quick answer
Eruditus Executive Education raised $650 Million in a Funding Round round, dated August 12, 2021. Eruditus Executive Education is based in Mumbai, Maharashtra, India.
- How much did Eruditus Executive Education raise?
- Eruditus Executive Education raised $650 Million in a Funding Round round on August 12, 2021.
- What does Eruditus Executive Education do?
- Eruditus provides global access to executive education programs.
- Where is Eruditus Executive Education based and how big is it?
- Eruditus Executive Education is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at Eruditus Executive Education?
- Fundz holds 2 contacts at Eruditus Executive Education, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Internet Services around the same time
Companies in the same sectors as Eruditus Executive Education that raised within 45 days of this round, from Fundz verified event records.
- Locket raised $2.5M (Seed) on September 8, 2021.
- One Creation raised an undisclosed amount (Seed) on August 26, 2021.
- Ag Next Technologies raised $21M (Funding Round) on August 19, 2021.
- Eduvanz raised $13M (Funding Round) on August 19, 2021.
- Keebo AI raised $6.5M (Funding Round) on August 13, 2021.
- BharatPe raised an undisclosed amount (Funding Round) on August 4, 2021.
Who to call at Eruditus Executive Education, and when
A new round usually means Eruditus Executive Education is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Eruditus Executive Education raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Eruditus Executive Education, from your own LinkedIn network
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Related People
Eruditus Executive Education raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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