2010
Jhunjhunu
Series F
Eruditus Executive Education is a leading global edtech company specializing in executive education and upskilling solutions for professionals, corporations, and governments. It operates in the education technology sector, focusing on higher education and professional development.
The company’s core offering is a portfolio of high-impact executive education programs, developed in collaboration with over 50 top-tier universities such as Harvard Business School, MIT Sloan, INSEAD, and Wharton. These programs span leadership, digital transformation, business management, and more, delivered through online, blended, and on-campus formats to suit the needs of working professionals and organizations worldwide.
Eruditus Executive Education operates a B2B2C (business-to-business-to-consumer) model, collaborating with universities to design and deliver executive education programs for both individual professionals (B2C) and corporate clients (B2B). The company leverages technology to offer flexible, blended learning experiences, combining online and in-person modules.
Its primary revenue streams are:
Tuition Fees from Individual Learners: The largest revenue driver comes from tuition fees paid by professionals enrolling in executive education programs. These fees vary by program, duration, and university partner.
Custom Corporate Programs: Eruditus develops tailored executive education solutions for corporate clients, charging program fees based on customization, scale, and delivery format.
Licensing Fees from Universities: The company earns licensing fees from university partners for the use of program content and technology platforms.
Online Course Subscriptions and Materials: Additional revenue is generated through online course subscriptions and the sale of study materials to both individuals and organizations.
Commission on High-Quality Content: In select cases, Eruditus may earn commissions for facilitating high-quality online courses or content created by partners.
Individual Professionals: Mid- to senior-level managers, entrepreneurs, and executives seeking upskilling or career advancement.
Corporate Clients: Enterprises investing in workforce development and leadership pipelines.
Universities: Academic institutions seeking to expand their global reach and digital offerings.
Market Expansion: Eruditus Executive Education is expanding its university partnerships (targeting growth from 80 to 150 universities) and increasing the number of courses per partner, aiming to reach $1 billion in revenue within five years.
Product Innovation: Heavy investment in AI-powered learning platforms and hybrid program formats to enhance learner outcomes and engagement.
Enterprise Solutions: Deepening focus on serving governments and large organizations with customized upskilling and reskilling programs.
Strategic Acquisitions: Exploring acquisitions in fragmented markets like study abroad and niche upskilling sectors to consolidate its position.
Operational Efficiency: Continued focus on reducing marketing and operational costs to drive profitability.
Global University Partnerships: Unique access to premier content and faculty from top-ranked institutions, setting it apart from most regional edtech players.
Blended Learning Approach: Combines online flexibility with immersive on-campus experiences, a model increasingly favored in executive education.
Scale and Impact: Largest revenue-generating edtech company in India, with a global learner base and a rapidly growing enterprise segment.
Financial Discipline: Demonstrated ability to scale while improving profitability, even as the broader edtech sector faces challenges.
Eruditus Executive Education is a global leader in executive education, partnering with top universities and serving over a million learners. It leads India’s edtech sector by revenue and has achieved strong financial growth. The company stands out for its innovative, blended learning programs and global reach. With major investor backing, Eruditus Executive Education is well-positioned for continued expansion. Its focus on quality and impact makes it a key player in the industry.
$961 Million
7
$150 Million, Series F
as of October 18, 2024
$3.1 Billion
as of October 18, 2024
3.1
as of October 18, 2024
Peak XV Partners
and 2 more128
Scaler
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
October 18, 2024 | Series F | $150 Million | The Rise Fund, SoftBank Vision Fund, Leeds Illuminate, Accel | |||
August 12, 2021 | Series E | $650 Million | $3.2 Billion | $150 Million | 17.0x | Accel, SoftBank Vision Fund, Leeds Illuminate, Prosus, Bertelsmann India Investments, Peak XV Partners |
August 31, 2020 | Series D | $113 Million | $700 Million | $86.7 Million | 6.8x | Prosus, Leeds Illuminate, Peak XV Partners |
January 10, 2019 | Series C | $40 Million | $410 Million | Peak XV Partners, Bertelsmann India Investments | ||
April 3, 2017 | Series B | $8.1 Million | Bertelsmann India Investments |