Avendus Capital Advises Eruditus on Its Series E Fund Raise of USD 650 mn Led by Accel & Softbank Vision Fund 2

Eruditus’ mission is to make high quality education accessible and affordable to learners across the world. With this fundraise, we’re excited to scale our unique business model, continue to deliver strong learning outcomes, and grow our global impact at a rapid rate.

In an age of fast paced technological disruption, continuous upskilling and education is a necessity. The company’s partnerships with elite universities, use of technology and data to create and deliver high quality courses across a variety of disciplines has positioned Eruditus to be a leader in this space. We have been tracking Eruditus for a while and have continued to be impressed by their ability to expand globally and enhance their relationships with universities, while delivering strong unit economics. We are excited to partner with Ashwin and team as they continue to revolutionize higher education,

The unbundling of higher education and continued learning has only just started. We have known Ashwin and the team at Eruditus for a number of years and have always been impressed by their approach and execution. We believe that the platform and deep partnerships with the world’s best universities puts Eruditus and its partner universities at the forefront of this revolution in higher education. Their products are helping bring the best quality education to students around the world at affordable prices,

Eruditus has emerged as the global leader in skilling on the back of phenomenal execution and deep-rooted partnerships with premier global and regional university brands. They have built a highly scalable business model covering the entire learning spectrum, multiple course formats and languages. The backing by some of the largest global growth and tech investors is a big validation of Eruditus’ success and the global opportunity that lies ahead. We are extremely proud to partner with the Eruditus team in their vision to democratize high-quality education globally.