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Singapore-headquartered global edtech company Eruditus is planning to make India its most important market over the next five years. The company expects that more than 50 percent of its total revenue will come from India during this period. At present, India contributes around 25 percent of the company’s overall revenue. Education experts believe that growing participation of foreign universities and increasing demand for global education are making India one of Eruditus’ fastest-growing markets.
Founded in 2010, Eruditus has emerged as one of the world’s leading edtech platforms. The company collaborates with prestigious global institutions, including MIT, Harvard and Cambridge to offer high-quality executive education, professional upskilling programs and degree courses. Through its Emeritus brand, the company has reached more than 350,000 learners across over 80 countries.
Growing Demand for Global Education in India
Eruditus Co-Founder and CEO Ashwin Damera said that India is going through a significant transformation in the higher education sector. Demand for international-quality education, globally recognized degrees and career-focused skill programs is steadily increasing among students and working professionals. This growing demand is one of the key reasons behind the company’s decision to expand its investments and partnerships in India.
He explained that Eruditus has partnered with seven international universities under a joint venture (JV) model to facilitate their entry into India. These universities include UNSW Sydney, University of Bristol, University of Liverpool, University of York, University of Aberdeen, Illinois Tech and Victoria University.
Under this model, foreign universities will typically hold a 51 percent stake, while Eruditus will own 49 percent. The universities will oversee academics, including curriculum design, pedagogy, faculty recruitment, admissions and research activities. Eruditus, on the other hand, will manage operations, student experience, housing, technology integration and industry partnerships.
Global Opportunities for Indian Students
The company believes that this model will allow Indian students to access world-class education and internationally recognized degrees without leaving the country. It is expected to improve the quality of higher education while enhancing students’ employability and career prospects.
Ashwin Damera noted that Eruditus began its journey in India and is now strengthening its role in the Indian education ecosystem once again. He expressed confidence that India will become the most important pillar of the company’s growth strategy over the next five years.
Strong Presence in the EdTech Sector
Today, Eruditus is among the highest revenue-generating edtech platforms in India. The company is valued at approximately $3 billion and is backed by leading global investors such as SoftBank, TPG and Accel. In FY24, the company reported sales exceeding ₹3,733 crore.
Eruditus collaborates with more than 80 universities worldwide to offer short-term and long-term courses, boot camps, degree programs and corporate training solutions. In addition, it develops specialized Learning and Development (L&D) programs tailored to the needs of various industries and enterprises.
Shaping the Future of Education
Ashwin Damera said that Eruditus Group and Emeritus continue to maintain their position as leading players in India’s edtech sector. He emphasized that the company’s mission goes beyond revenue growth; its primary goal is to deliver high-quality education to learners and help them transform their careers and lives.
According to him, the future of higher education in India will be driven by global partnerships, digital learning, skill development and lifelong learning. Expanding collaborations with foreign universities will make international education more accessible to Indian students.
A New Era of Opportunities in Higher Education
Education experts believe that India is one of the fastest-growing education markets in the world. The opportunities created by the National Education Policy (NEP) 2020 and the opening up of the sector to foreign universities have accelerated international collaboration. In this environment, companies like Eruditus can play a significant role in connecting Indian students, professionals and institutions with the global education ecosystem.
With the expansion of foreign university campuses, online degree programs and skill-based learning initiatives, India’s higher education landscape is expected to evolve rapidly in the coming years. Eruditus’ strategy is seen as part of this transformation, contributing to India’s emergence as a major global hub for education, employability and lifelong learning.
