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Edtech major Eruditus reports Rs 3,733 crore revenue in FY24; EBITDA loss declines by 83%

  • Global edtech firm Eruditus reported a revenue of Rs 3,733 crore in FY24, up 12% from the previous year.
  • The company reduced its EBITDA losses by 83%, dropping from Rs 417 crore in FY23 to Rs 69 crore in FY24.
  • Eruditus is the leading edtech company in India, surpassing competitors PhysicsWallah and upGrad in terms of revenue.
  • The firm focuses on executive and higher education programs and aims to reach $520-$530 million in revenue in the current financial year.

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