Eruditus, the newly minted edu-tech unicorn, stands out from the pack in a number of ways. The start-up, which closed $650 million funding at $3.2 billion valuation from Softbank and Accel, operates in the re-skilling space. It offers live-taught university-affiliated courses, in contrast to top-funded Byju’s and Unacademy which target k-21 education and test preparation, respectively.
What also stands out is that Eruditus ran bootstrapped for the first five years of its life – mostly supported by organic revenue and money its founder Ashwin Damera made from his previous start-up exit. “We position ourselves as an up-skilling company for people