India’s Eruditus valued at $3.2 billion in $650 million fundraise

Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2.

The new financing round — which includes both primary and secondary transactions — values the Indian startup at $3.2 billion, up from about $700 million a year ago. The Canada Pension Plan Investment Board also participated in the new round.

Eruditus, which counts Chan Zuckerberg Initiative among its backers, maintains a tie-up with over 30 top-tier universities, including MIT, Harvard, Columbia, Cambridge, INSEAD, Wharton, UC Berkeley, IIT,

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