Naukri.com invests Rs 30 cr in Meritnation

Our Bureau Updated - February 25, 2013 at 08:39 PM.

Info Edge’s total investment in Meritnation.com has risen to Rs 61.5 cr.

Online education portal Meritnation.com has raised Rs 30 crore from Info Edge in the third round of funding.

With this, the total investment by the Info Edge, which owns NSE-listed job search engine Naukri.com, in Meritnation.com has gone over Rs 61 crore since its inception in 2009.

“We will invest in developing device agnostic educational solutions and are keenly looking at being at the forefront of this change.

Besides, the funds will be used to build the brand and expand geographically,” said Pavan Chauhan, Founder, Meritnation. With 7,500 new registrations daily, traffic has doubled over last year, he added.

Published on February 25, 2013 11:06