Friday, 24 March, 2023

Chan Zuckerberg initiative backs Mumbai-based Eruditus in $113 M fundraise

<p>Mumbai-based education start-up Eruditus said that it has raised $113 M in the Series D financing round led by Leeds Illuminated and Prosus Ventures. Chan Zuckerberg Initiative and existing investors Sequoia India and Ved Capital also participated in the round which brings Eruditus&rsquo; to-date raise to more than $160M. Eruditus is the second start-up that Chan Zuckerberg has backed in India; First investment was BYJU&rsquo;S, that also operates in edtech market.</p>