Exec education startup Eruditus in talks with SoftBank, others to raise $200-M

Mumbai-based management education firm Eruditus is in talks to raise about USD 200 million, valuing it at USD 2.5 billion - a threefold jump in nine months. Potential investors include SoftBank, Tiger Global and DST Global. It has appointed Avendus Capital as the investment banker to manage its fundraise.