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Meritnation raises Rs 25 crore from Info Edge

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(By Mohammad Rumman & Sneha Johari) E-learning site Meritnation has raised funding worth Rs 25 crore from InfoEdge. The company will deploy the funds to ramp up the technology behind Meritnation LIVE, hiring teachers and expanding its broadcast studios. In December 2013, Meritnation had raised Rs 10 crore from InfoEdge which would go towards creating and updating content, brand building and strengthening its sales team. Following this investment, Info Edge…

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