Eruditus’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Eruditus Education Private Limited | CIN: U80902TN2010PTC077828
Founded in 2010 by Ashwin Venkata Damera and Chaitanya Kalipatnapu, Eruditus has emerged as a global pioneer in executive and professional education. By collaborating with over 50 of the world's leading universities such as Harvard, MIT, Wharton, and INSEAD, Eruditus aims to make high-quality education accessible to learners worldwide. The company designs and delivers customized programs that blend classroom learning with online modules, providing executives and professionals with flexible and impactful learning experiences. Eruditus has expanded its footprint across multiple geographies, offering courses in various languages and catering to a wide range of industries and functional areas. With a strong focus on innovation, Eruditus continues to invest in AI-driven platforms and data analytics to enhance learner engagement and outcomes. The company's mission-driven approach prioritizes accessibility and affordability, empowering a new generation of global leaders. Its commitment to excellence and strategic growth has positioned Eruditus as a key player in the rapidly evolving edtech landscape, enabling professionals to upskill and stay competitive in a dynamic business environment.
| Founded | 2010 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$3.2 billion (2023) |
| Annual Revenue (FY23-24 est.) | $400 million |
| Net Loss (FY23-24 est.) | $200 million |
| Employees | ~2,300 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series B | 2019 | $40 million | Sequoia Capital |
| Series C | 2020 | $113 million | Prosus Ventures |
| Series D | 2021 | $650 million | Accel, SoftBank Vision Fund |
| Series E+ | 2022–23 | ~$57 million | Existing investors |
Eruditus has achieved significant revenue growth, with a CAGR of over 50% from 2020 to 2023. Despite strong top-line growth, the company continues to operate at a net loss as it focuses on global expansion and partnerships.
Eruditus's EBITDA margin has remained negative at around -50% due to its strategic investments in technology and academic partnerships. These investments are crucial for long-term positioning and market share.
Eruditus’s workforce has grown steadily to over 2,300 employees, reflecting its ongoing global expansion and the need to support diverse markets and learning experiences.
Eruditus plans to further expand into Latin America, Europe, and Southeast Asia. The company is investing in AI-driven learning platforms and local partnerships to enhance accessibility. An IPO is being considered in the next few years as part of its long-term growth strategy.
Eruditus recently announced new partnerships with leading universities and launched specialized executive programs targeting emerging markets. These moves align with its vision to make quality education globally accessible.
| Metric | Detail |
|---|---|
| Revenue FY23-24 | $400 million (+33% YoY) |
| Net Loss FY23-24 | $200 million |
| EBITDA Margin | -50% |
| Valuation | $3.2 billion |
| Employee Count | 2,300 (+15% YoY) |
Eruditus stands as a global leader in the executive education space, consistently innovating and partnering with top institutions worldwide. While it continues to operate at a loss, the focus on scale and long-term value is evident. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Public company statements and media articles.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.