Eruditus

Generative artificial intelligence (AI) has stunned companies and commoners alike with its abilities. But with public attention comes regulatory scrutiny. Experts say that India’s new data protection bill may be tough for platforms like…

Eruditus, a provider of executive education programmes, has recorded a 63% increase in revenue for the year through June 30 and turned operationally profitable in the last quarter, its founder and chief executive told ET.Revenue rose to…

The Private Shares Fund, a New York-headquartered firm focusing on investments in late-stage venture-backed private companies, has reduced the valuation of its holding in edtech unicorn Eruditus by about 8.6%.The markdown has translated to…

Reliance Industries’ fashion ecommece platform Ajio will launch Ajio Street — a zero-commission marketplace aimed at selling value products to non-metro customers, similar to ecommerce firm Meesho.This and more in today’s ETtech Morning…

Another one is leaving the fold! Days after Karthik Gurumurthy, the head of food delivery platform Swiggy’s quick commerce vertical Instamart, announced he was stepping aside, the company’s chief technology officer (CTO) Dale Vaz has…

The debate around moonlighting – which recently prompted strong reactions from some of India’s top IT chiefs – has spilled over to the startup sector, which is clearly divided on the issue. When it comes to employees taking up a side job,…

Last year, Prosus NV invested more than $1.03 billion in various Indian startups, including Swiggy, Byju’s, Eruditus and Meesho. Now, the Dutch-listed arm of technology investor Naspers has reported strong growth in its Indian portfolio for…

Bengaluru: Ashwin Damera, cofounder and chief executive officer (CEO) of edtech startup Eruditus has invested $32 million in venture debt firm Innoven Capital India Fund through his personal office. With this Damera is now the…

SoftBank-backed executive education-focussed startup Eruditus, technology company Menlo Micro and online debt marketplace CredAvenue were among the startups that raised funds this week. Eruditus gets $350 million debt from CPPIB…

Bengaluru: SoftBank-backed executive education-focussed startup Eruditus has closed a $350 million debt financing from Canada Pension Plan Investment Board (CPPIB) to largely fund its aggressive acquisition plans in its overseas markets,…