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TPG nears $150M funding in India’s Eruditus at $2.3B valuation


Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told Eruditus, an Indian edtech firm, is in advanced stages of talks to secure about $150 million in fresh funding, sources say.

Pavel Durov, founder and CEO of messaging app Telegram, was arrested on Saturday evening while leaving his private jet at France’s Bourget airport, according to French television network TF1. Neil Mehta, the VC behind the acquisition of a string of properties on San Francisco’s tony Fillmore Street, made waves earlier this week for reportedly throwing long-established local restaurants to… The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales.

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