Eruditus Executive Education

Eruditus Executive Education

Organization delivering advanced executive education for professionals

Founded

2010

Headquarters

Jhunjhunu

Status

Series F

Company Details

Website

Socials

Email

Phone

+91 - 9029007437

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.

Business Model & Revenue Streams

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.

Customer Segmentation

  • 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.

Growth Strategy

  • 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.

Competitive Differentiators

  • 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.

Conclusion

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.

Key People

Ashwin Damera

Chaitanya Kalipatnapu

Shaun Dubash

Key Metrics

Total Equity Funding

$961 Million

No. of Funding Rounds

7

Latest Funding Round

$150 Million, Series F

as of October 18, 2024

Post Money Valuation

$3.1 Billion

as of October 18, 2024

Funding Multiple

3.1

as of October 18, 2024

Investors

Peak XV Partners

and 2 more

Employee Count

128

Similar Companies

Scaler

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
October 18, 2024Series F $150 MillionThe Rise Fund, SoftBank Vision Fund, Leeds Illuminate, Accel
August 12, 2021Series E$650 Million$3.2 Billion$150 Million17.0xAccel, SoftBank Vision Fund, Leeds Illuminate, Prosus, Bertelsmann India Investments, Peak XV Partners
August 31, 2020Series D$113 Million$700 Million$86.7 Million6.8xProsus, Leeds Illuminate, Peak XV Partners
January 10, 2019Series C $40 Million$410 MillionPeak XV Partners, Bertelsmann India Investments
April 3, 2017Series B $8.1 Million Bertelsmann India Investments

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