Meritnation.com, India’s largest online education company announced a fresh funding round of $4 million from Info Edge (India) Limited.
Speaking about the development Pavan Chauhan, Founder & CEO Meritnation.com said, “These funds will be used to ramp up the technology behind the smart learning engine which powers Meritnation Live. We will also make significant investments in hiring IITian teachers and expanding our world class broadcasting studios. With Meritnation Live we want to bring the most personalised learning experience to every student, delivered right to their homes”
“Meritnation Live” offers online classes for students from Classes 6-12 and also has special offerings for entrance exams like JEE, AIPMT etc. Students all over the country get access to IITian teachers and Meritnation’s industry leading content bank. The “Meritnation Live” platform tracks every student's progress closely and displays personalised recommendations. It offers reports with deep analytical data to point out strength and improvements areas, offering a virtual 1-to-1 learning experience.
Meritnation launched their Live offering in October 2014 & has already seen tremendous success with thousands of students enrolling into the new platform. This comes on the back of a slew of launches from the company including 4 new offline centres in Chandigarh & Jaipur, a franchise model for the centres, new mobile apps including Homework Help for Singapore & Meritnation Plus - for the Gulf markets.
Meritnation which started in 2007 & has 90 lakh students on its online platform has now raised close to $15 million across various funding rounds from Info Edge.
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