Can you buy Eruditus stock?

As Eruditus is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private company likeEruditus, you must be an accredited investor . If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not an accredited investor, discover how to begin the process to potentially qualify for new investment opportunities.

How to buy Eruditus stock?

To invest in a private company like Eruditus through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process . 1. Create a free account to access Forge’s marketplace. 2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies. 3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.

Can you sell Eruditus stock?

Yes, you may be able to sell your Eruditus stock, subject to certain conditions. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.

How to sell Eruditus stock?

If you hold private company shares of Eruditus - whether as an employee or an early investor - Forge can help you sell them. 1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have. 2. Indicate your interest to sell your Eruditus stock on our platform. 3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.

Is Eruditus a public company?

No, Eruditus is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.

What is Eruditus’ stock price?

Eruditus is a privately held company and therefore does not have a public stock price. However, you may access Eruditus’ private market stock price with Forge Data .

What is Eruditus’ stock ticker symbol?

Eruditus does not have an official ticker symbol because this company is not currently publicly traded.

Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

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The Hindu Business Line 07/19/2023

Eruditus eyes full-year EBITDA profitability in FY24, to raise funds

Edtech company Eruditus is targeting a 40% revenue growth to nearly $560 million in FY24, following a 63% growth to $400 million in FY23. The company also aims to achieve full-year profitability at about 7% EBITDA, or $40 million for FY 2023-24. Eruditus has narrowed its loss to about $40 million in FY 2022-23 from $66 million in FY 2021-22. The company is also planning to raise $100-150 million through a mix of primary and secondary share sales.

Mint 05/08/2023

Eruditus aims to break even by June: Damera

Edtech startup Eruditus is aiming to break even by June, according to co-founder and executive director Ashwin Damera. The company is actively seeking acquisition opportunities for its enterprise business and edtech companies offering advanced courses in fields such as law, journalism, and specialized commerce. Damera expects the company to close the financial year with a revenue run rate of around $450 million, up 50% from the $300 million in FY22. The company is targeting an Ebitda margin of 8-10% in FY24.

Moneycontrol 04/03/2023

Eruditus becomes the second-biggest revenue grossing edtech with $250 mn in sales

Eruditus, an edtech startup, has become India's second-largest revenue-grossing edtech company after generating close to $250 million from operations in FY22. This represents an 86% increase from the previous year's operating revenue. The company's losses also widened to $66 million in FY22. Eruditus expects to turn profitable in FY24 due to strong growth in revenue.

YourStory.com 03/23/2023

Don't paint us with the same brush, says Ashwin Damera of Eruditus

Eruditus co-founder Ashwin Damera has defended the edtech sector amid controversy surrounding a few firms. Damera stated that the negativity surrounding the sector is largely focused on one company, and that the industry continues to produce strong products with a positive outlook. He also emphasized that edtech startups are focusing on profitability, sustainable growth, and creating impact.

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