Eruditus was among the few edtech startups to have raised capital last year. It raised $150 million at a flat valuation of $3.2 billion post-money, led by TPG Rise, an impact investment fund from the US private equity investment firm. Existing investors SoftBank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments and the Chan Zuckerberg Initiative had also participated in the round.
from Tech-Economic Times https://ift.tt/RagJxev
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