Eruditus Secures USD 150 Million Series F Funding Led by TPG's The Rise Fund
Oct 19, 2024
Mumbai (Maharashtra) [India], October 19: Eruditus, the global leader in making high-quality education accessible and affordable to individuals, companies, and governments around the world, announced today that it has raised a USD 150 million Series F fundraise led by TPG's The Rise Fund, the multi-sector strategy of TPG's global impact investing platform, with participation from existing investors Softbank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments and the Chan Zuckerberg Initiative. This highlights the company's remarkable growth and impact through continuous innovation in high-quality career-oriented education across the globe. The raise comes on the heels of a banner year for Eruditus in which the company was named the #1 Global EdTech by Time and achieved profitability on a full-year basis.
