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Eruditus to deepen its India presence to grow
Mint Mumbai
|February 19, 2024
It partners with IITs and IMs to offer executive programs in the country
Softbank-backed ed-tech firm EruS ditus is looking to further expand its presence in India through more partnerships with institutions that offer both degree and non-degree programs, the company's co-founder Chaitanya Kalipatnapu said.
The company, which receives 70% of its revenues from overseas markets, sees about 40% of its enrolments from the US, 25% from India and 33-35% from other global markets where it operates.
In FY23, the company's revenue from operations surged more than 70% to ₹3,343 crore, from 1,962 crore a year earlier.
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