'Eruditus India revenue to get a bump in 3 yrs'
Mint Mumbai|January 23, 2024
The company reported a 70% increase in revenue to ₹3,343 crore FY23
Samiksha Goel
'Eruditus India revenue to get a bump in 3 yrs'

India's contribution to the revenue of edtech unicorn Eruditus will increase from 20% to 33% in the next three years, co-founder and chief executive Ashwin Damera told Mint after the release of the firm's financials for FY23.

Eruditus follows a July to June financial year.

On Monday, Eruditus, which is operated by Singapore-based Eruditus Learning Solutions Pte Ltd, reported a 70% increase in revenue to ₹3,343 crore in FY23 even as it managed to shrink its losses by 66% to ₹1,049 crore.

Currently, 80% of the Eruditus's revenue comes from overseas markets, but its India revenue has been rising.

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