About Eruditus
Eruditus is a company based in Singapore (Singapore) founded in 2010 by Chaitanya Kalipatnapu and Ashwin Venkata Damera. It operates as a Subscription Services, and Professional Services. Eruditus has raised $961.07 million across 7 funding rounds from investors including Accel, The Chan Zuckerberg Initiative and Prosus. Eruditus offers products and services including Executive Education Programs, Senior Executive Programs, and Enterprise Skill-Building Solutions. Eruditus operates in a competitive market with competitors including Augment, Coursalytics, The Corporate Governance Institute, Training Calendar and UnStartED, among others.
- Headquarter Singapore, Singapore
- Founders Chaitanya Kalipatnapu, Ashwin Venkata Damera
- Stage Unicorn
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Emeritus Institute Of Management
- Date of Incorporation 26 Oct, 2010
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-33.16 K (USD)-3.23as on Mar 31, 2023
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EBITDA
$-11.42 K (USD)63.64as on Mar 31, 2023
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Total Equity Funding
$961.07 M (USD)
in 7 rounds
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Latest Funding Round
$150 M (USD), Series F
Oct 18, 2024
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Investors
Accel
& 10 more
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Employee Count
Employee Count
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Products & Services of Eruditus
Eruditus offers a comprehensive portfolio of products and services, including Executive Education Programs, Senior Executive Programs, and Enterprise Skill-Building Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Programs for executives are offered with global universities.
C-suite training programs are provided for leadership roles.
Customized learning solutions are delivered for business teams.
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Funding Insights of Eruditus
Eruditus has successfully raised a total of $961.07M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $150 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series F — $150.0M
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First Round
First Round
(03 Apr 2017)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series F - Eruditus | Valuation | The Rise Fund | |
| Mar, 2022 | Amount | Debt – Conventional - Eruditus | Valuation |
investors |
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| Aug, 2021 | Amount | Series E - Eruditus | Valuation | Accel , SoftBank Vision Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eruditus
Eruditus has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, The Chan Zuckerberg Initiative and Prosus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector-agnostic VC investment company investing globally
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by Leeds Illuminate's venture capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eruditus
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eruditus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eruditus Comparisons
Competitors of Eruditus
Eruditus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Augment, Coursalytics, The Corporate Governance Institute, Training Calendar and UnStartED, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A platform for trading private shares in pre-IPO companies is provided by Augment.
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| domain | founded_year | HQ Location |
Executive education courses are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Corporate governance and ESG education with certifications are offered.
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| domain | founded_year | HQ Location |
Online marketplace offering courses and executive educational programs for professionals
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| domain | founded_year | HQ Location |
Offers online management placement programs for students and professionals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eruditus
Frequently Asked Questions about Eruditus
When was Eruditus founded?
Eruditus was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Eruditus located?
Eruditus is headquartered in Singapore, Singapore.
Who is the current CEO of Eruditus?
Ashwin Venkata Damera is the current CEO of Eruditus. They have also founded this company.
Is Eruditus a funded company?
Eruditus is a funded company, having raised a total of $961.07M across 7 funding rounds to date. The company's 1st funding round was a Series E of $650M, raised on Apr 03, 2017.
What does Eruditus do?
World-class executive education is made accessible globally by Eruditus through its Emeritus brand. A portfolio of high-impact programs for working professionals is provided in collaboration with over 70 top-tier universities across regions like the United States, Europe, Latin America, Southeast Asia, India, and China. Solutions include short courses, degree programs, professional certificates, and senior executive programs targeting C-suite roles. Skill-building solutions for businesses are also offered, with options for group enrollments, private cohorts, and tailored content to meet industry needs. The focus is placed on transforming lives, companies, and organizations through education.
Who are the top competitors of Eruditus?
Eruditus's top competitors include The Corporate Governance Institute, Coursalytics and Augment.
What products or services does Eruditus offer?
Eruditus offers Executive Education Programs, Senior Executive Programs, and Enterprise Skill-Building Solutions.
Who are Eruditus's investors?
Eruditus has 11 investors. Key investors include Accel, The Chan Zuckerberg Initiative, Prosus, Peak XV Partners, and CPP Investments.
What is Eruditus's valuation?
The valuation of Eruditus is $3.2B as of Aug 2021.