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Edtech unicorn Eruditus raises $150 million in funding to invest in AI technology

  • Edtech unicorn Eruditus has raised $150 million in a Series F funding round led by TPG's The Rise Fund.
  • Existing investors, including SoftBank Vision Fund 2, also participated in the round.
  • The funding will be used to enhance Eruditus' AI technology, expand its business offerings, and strengthen its presence in India and the APAC region.
  • Eruditus has partnerships with over 80 universities worldwide and has reported significant revenue growth in FY23.

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