Edtech unicorn Eruditus closes $150-million loan refinancing deal from Mars Growth Capital and HSBC
Executive education startup Eruditus has closed a refinancing deal for $130 million of existing loans and secured another $20 million as line of credit from its existing lenders, Mars Growth Capital and HSBC, the SoftBank-backed company said on Thursday.
The $150-million deal is aimed at driving global growth and operational scaling, it said in a statement.
