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Sequoia India leads $40 million round in edutech startup Eruditus

Online education startup Eruditus has raised $40 million in a Sequoia India-led Series-C funding round to fuel its expansion plans of growing into new geographies such as Latin America and China, apart from expanding its range of courses in emerging sectors such as artificial intelligence (AI), blockchain, robotics and self-driving vehicles. Cofounder Ashwin Damera says that the financing round has pushed the Mumbai based company’s valuation to $410 million. Eruditus partners with top colleges in the US and Europe, such as MIT, INSEAD and London School of Economics, among others, to create training courses for professionals and executives. 

Read More at The Economic Times News date : 11 Jan 2019, Friday

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