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Eruditus raises $40 million in Series C funding from Sequoia India

To invest in enhancing online education platform, expand multilingual capabilities

Having reversed its weak order inflow and profit growth days, analysts see L&T stock as the major beneficiary of revival in infrastructure cycle
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Having reversed its weak order inflow and profit growth days, analysts see L&T stock as the major beneficiary of revival in infrastructure cycle

Vinay Umarji Ahmedabad
Educational technology (edtech) and executive education program provider Eruditus Group has completed a Series C funding worth $ 40 million (Rs 282 crore roughly) led by Sequoia India along with participation from existing investor Bertelsmann India Investments.

The edtech group comprises Eruditus Executive Education and its online division Emeritus, leading global professional education providers. Eruditus has been providing executive education programs across countries in collaboration with university partners like MIT, Columbia, Harvard Business School, INSEAD, Wharton, UC Berkeley and London Business School, among others. 

The latest round of funding, advised exclusively by Avendus Capital, has come on the back of