Eruditus raises $150 mn from Chan Zuckerberg Initiative, others

Edtech unicorn Eruditus has raised $150 million in a funding round led by private equity firm TPG at a valuation of around $3 billion. Softbank, Accel, CPP Investments and Chan Zuckerberg Initiative were among the other participants in the round. Eruditus CEO Ashwin Damera said the startup will also initiate plans to move its domicile to India from Singapore.