Companies in the country have raised over $9 billion through IPOs this year, higher than the $7.42 billion raised in 2023, according to data compiled by LSEG

BENGALURU (Reuters) - Indian educational technology company Eruditus has raised $150 million in a new funding round led by private equity firm TPG, at a time when the funding environment for edtech companies has been subdued.

Executive education startup Eruditus has bagged new funding of $150 million led by TPG Rise, the impact investment fund from the US investor. The funding is at a flat valuation of $3.2 billion, post-money.

Indian educational technology company Eruditus has raised $150 million in a new funding round led by private equity firm TPG , at a time when the funding environment for edtech companies has been subdued.