ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Indian edtech startup Eruditus now a $3.2bn unicorn

Funding round nets $650m from SoftBank Vision Fund II, Accel US and others

A student wearing a protective mask writes notes from an online lecture on a mobile phone, amid the spread of COVID-19 in Mumbai, India.   © Reuters

NEW DELHI -- Mumbai-headquartered Eruditus Learning Solutions, which offers executive learning programs, has become the sixth Indian startup to bag the unicorn tag this month after securing $650 million in a Series E funding round led by Accel US and SoftBank Vision Fund II.

A unicorn in the venture capital industry is a privately held company valued at over $1 billion. Other Indian startups that entered the unicorn club this month include cryptocurrency exchange platform CoinDCX, edtech startup upGrad, sales enablement platform Mindtickle, digital payments startup BharatPe and B2B marketplace OfBusiness.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more