How slow-but-steady Eruditus won Chan Zuckerberg fund's attention

Edtech firm looks to double revenue to $200 mn in FY21

Eruditus, Ashwin Damera (left) and Chaitanya Kalipatnapu (right)

Eruditus, founded by Ashwin Damera (left) and Chaitanya Kalipatnapu (right), raised only $7 million from 2010 to 2015

Samreen Ahmad Bengaluru
In 2009, after selling his first start-up Travelguru to Travelocity, Ashwin Damera took a year’s break to think what he could do next. “I wanted to work in a field which had a high impact on peoples’ lives. For this, I was closely looking at health tech and edtech,” says Damera, a Harvard Business School alumnus.

Soon, he met Chaitanya Kalipatnapu who had just returned to India after leading executive education programmes at INSEAD and was looking to start an edtech venture. With common goals in mind, both joined hands to bring quality education to people and Eruditus was born in 2010.

The company, however, had a slow start. From 2010 to 2015, it could only raise $7 million. “We
Topics : Eruditus

First Published: Aug 31 2020 | 06:04 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to