[MTC Global] Executive Education Company Eruditus Secures $8.2mn

"Demand for high-quality educational services – particularly in the business sector – is growing fast in India and South East Asia. Eruditus meets this demand with classroom, online and blended-learning offers, giving more people access to global business education," Pankaj Makkar, MD at Bertelsmann India Investments, said.

Mumbai-based Eruditus has collaborated with top business schools such as INSEAD, Harvard Business School, Wharton, Tuck, MIT Sloan and Columbia Business School in bringing their professional development programs to India, Asia and the Middle East.

Executive Education Company Eruditus has raised about $8.2 million, over Rs.50 crores,  in a series-B funding round from Bertelsmann India Investments.

"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.


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