An Education Firm Eruditus Raises $8 Million From Bertelsmann India Investments
Eruditus Executive Education today said it has raised USD 8 million (Rs 52.36 crore) in its series B round from Bertelsmann India Investments.
The company plans to use the funding to add new programmes with existing and new university partners as well as expand its geographical footprint to China, Latin America and Europe, the executive education programmes provider said in a release.
"Bertelsmann is a great partner given its global footprint, its expertise in education and its success in scaling business by working closely with the founding team," Eruditus co-founder and Director Chaitanya Kalipatnapu said.
Eruditus has collaborated with top business schools such as INSEAD, Harvard Business School, Wharton, Tuck, MIT Sloan and Columbia Business School in bringing their profession...