Wed, Sep 9, 2020

Duff & Phelps Insights on Soaring Valuations of Ed-tech Startup Eruditus Executive Education Published in ET Prime

Recently, Duff & Phelps insights on the comparable valuations of global continued education startups were featured in an ET Prime article, “Ed-tech Startup Eruditus’ Valuation Soars as Investors Bet Big on Executive Education in India.”

The article stated that continued education also called executive education is emerging as a focus for investors after COVID-19 for two major reasons. First, to beat the crisis after COVID-19, businesses need to upskill, and educational technology or ed-tech startups will be the conduit to deliver customized learning solutions. Second, the new education policy (NEP), which is coming into effect over the next two years, could open up the higher education segment and the continued learning space collaboratively. As a result, the valuation market is expected to soar. Additionally, the article reveals how the ed-tech startup, Eruditus Executive Education, has raised enormous funds in a fundraising round led by the Chan Zuckerberg Foundation. These make it one of the most valued ed-tech firms in India, doubling its valuation since the last investment.

Duff & Phelps recently shared with ET Prime as an exclusive insight from a comparable deal analysis. Duff & Phelps experts compared Eruditus with South Africa-based Get Educated International Proprietary Ltd. (founded in 2008) based on parameters like type of transaction, deal value, revenue, etc.

Subscribers can read the full article here

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