Unpacking the $93 Mn round of edtech startup Eruditus
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As edtech companies continue to garner investor interest, Eruditus, a platform that offers executive courses, has raised $93 million in a Series D round co-led by Naspers and Leeds Illuminate Global Fund. Chan Zuckerberg Initiative (CZI), Sequoia Capital and Ved Capital Evergreen Private Equity also participated in the round. Mark Zuckerberg and Priscilla Chan’s philanthropic organisation had forwarded $15 million debt to Eruditus in May.