The executive education provider's latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.
Internet and telecommunications group SoftBank’s Vision Fund 2 has co-led a $650m funding round for India-based online adult education provider Eruditus with venture capital firm Accel, the Economic Times reported today.
The round consisted of a mixture of $430m in primary funding and $220m in secondary investments, with Canada Pension Plan Investment Board supplying primary funding in addition to buying stock from existing shareholders.
Selling shareholders included media group Bertelsmann, and the round valued the company at $3.2bn, up from…
