Tag: eruditus
Posted in Startups
Prosus Swiggy: Prosus reports 80% jump in Swiggy’s Jan-Dec loss, 26% growth in food-delivery GMV
June 27, 2023 Leave a Comment on Prosus Swiggy: Prosus reports 80% jump in Swiggy’s Jan-Dec loss, 26% growth in food-delivery GMV
Food and grocery delivery company Swiggy‘s losses for the January-December 2022 ballooned 80% year on year, its key investor Prosus, the Dutch-listed arm of South…
Posted in Startups
eruditus: US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billion
May 30, 2023 Leave a Comment on eruditus: US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billion
The Private Shares Fund, a New York-headquartered firm focusing on investments in late-stage venture-backed private companies, has reduced the valuation of its holding in edtech…
Posted in Startups
eruditus revenue: Eruditus FY22 revenue up 87%; loss excluding exceptional items at $66 million
April 3, 2023 Leave a Comment on eruditus revenue: Eruditus FY22 revenue up 87%; loss excluding exceptional items at $66 million
Higher-learning edtech company Eruditus, which is backed by SoftBank, CPPIB and Accel, saw its consolidated revenue surge 87% year on year to $245.26 million in…
Posted in Startups
edtech: Pay hike on the cards for edtech employees after an edgy 2022
February 9, 2023 Leave a Comment on edtech: Pay hike on the cards for edtech employees after an edgy 2022
A slew of edtech firms are looking to roll out hikes, performance-linked awards and promotions, global rotations, and cross-business project exposure for employees, even as…