Announced
Completed
Financials
Sources
Tags
Cross Border
Minority
Education Services
India
education
Private
Single Bidder
Acquisition
Completed
Friendly
Private Equity
Synopsis
Eruditus Learning Solutions, which offers executive learning programmes, has raised $113m in its Series D round of funding led by Prosus Ventures, a spin-off from South African investment firm Naspers. The Chan Zuckerberg Initiative—the philanthropic foundation of Facebook founder Mark Zuckerberg and his wife, Priscilla Chan—and US-based ed-tech-focussed fund Leeds Illuminate also came on board as new investors. “Covid-19 is dramatically accelerating change across higher education. We are engaging more deeply with universities worldwide to help them expand their online portfolio and global footprint,” Ashwin Damera, Eruditus CEO.
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